Foreign Direct Investment (FDI) and Company Regulation in Nigeria: Legal Incentives and Barriers

Foreign Direct Investment (FDI) refers to an investment made by an individual or companybased in one country into business interests located in another country, typically through theacquisition of a lasting interest in a foreign enterprise and active control of the businessoperation. The International Monetary Fund (IMF) defines FDI as "a category of cross-borderinvestment made by a resident in one economy with the objective of obtaining a lastinginterest in an enterprise resident in another economy"