
Central Bank of Nigeria
Banking Operations in the Free Zones in Nigeria (2)
- Author
- Central Bank of Nigeria
- Year
- 2016
- Pages
- 26 pages
These Guidelines establish the regulatory and supervisory framework for banking operations in Nigeria’s free zones. They address eligibility and approval requirements for establishing banks, licensing, capital requirements, foreign investment registration, capital inflows and outflows, repatriation of profits and dividends, employee remittances, documentation, and reporting obligations…