2012-06-22 | TED.FEM.FPC.GEM.01.014.2012

Certificate of Capital Importation (CCI) Issuing Process for Inflow in Respect of Securities Lending

The Trade & Exchange Department has issued a notice outlining the Certificate of Capital Importation (CCI) processes for Securities Lending transactions in Nigeria. Under different scenarios, where either foreign or local investors are involved, the CCI will be required based on the specific transactional steps. If no capital import is involved in the collateral, no additional CCI will be issued. Authorised Dealers have been tasked with informing their customers about these guidelines and ensuring strict adherence to them.

Nigeria

Central Bank of Nigeria

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