
Central Bank of Nigeria, Trade and Exchange Department
Portfolio Investment in Nigeria re; Amendment of Memorandum 21 of the Foreign Exchange Manual
- Author
- Central Bank of Nigeria, Trade and Exchange Department
- Year
- 2016
- Pages
- 2 pages
This directive amends Memorandum 21 of the Foreign Exchange Manual to permit resident and non-resident Nigerian nationals and entities that introduce foreign currency through authorized dealers to invest in money market instruments, bonds, and equities. It establishes documentation requirements, appointment of banks or brokers, electronic…