Former presidential candidate Peter Obi has announced his exit from the African Democratic Congress (ADC), …
Read More »CBN tightens rules on foreign investors
The Central Bank of Nigeria (CBN) has issued a new directive requiring foreign investors to provide concrete evidence of their investment transactions before they can repatriate funds or dispose of their holdings. This move is aimed at ensuring transparency and accountability in the foreign investment landscape. In a circular signed by WJ Kanya, acting director, department of trade and exchange, …
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