International trade

Repatriation of Profits in Nigeria

Repatriation of Profits in Nigeria

REPATRIATION OF PROFITS IN NIGERIA Repatriation of profits is the procedure that involves the conversion of a foreign currency to the currency of the country in which one resides in. In Nigeria, there is free entry and free exit movement of foreign investment funds. After payment of relevant taxes, investors abroad can proceed to repatriate their investment along with the proceeds only if the investment was brought under a Certificate of Capital Importation (CCI). However, due to the Central Bank [...]

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Global expansion

Global Expansion

Global Expansion What is Global Extension? Global Extension can be defined as the step that that a business organization or company takes in order to in order to extend its activities into different regions throughout the world. It has to do with maintaining a business presence in these various countries that you are willing to expand to. Global extension is very important because it creates more room for growth and business opportunities for various companies. Take for example, the Coca-Cola brand is [...]

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