A Nigerian founder may be advised to create a foreign company because international customers, investors, payment providers or counterparties prefer a different jurisdiction.
Those are reasons to investigate a structure. They are not yet a structure.
The foreign company should solve a defined operating problem
A foreign entity should have a clear commercial role that can be explained consistently across operations, contracts, banking and its relationship with the Nigerian business. The appropriate jurisdiction follows from that role—not the other way around.
The Nigerian company may continue to employ teams, deliver work, own important assets or serve domestic and regional customers. A foreign company should not obscure that contribution or collect revenue without a credible commercial basis.
Simplicity supports credibility
An elaborate structure with weak operations is less credible than a simple structure that accurately reflects the business. A new entity brings cost, governance, tax, legal, banking and compliance obligations that need to be proportionate to the problem it solves.
Current Nigerian foreign-exchange, company-law, tax and banking requirements may affect the arrangement. Their application must be confirmed by the relevant authorised dealer, institution and appropriately licensed advisers.
A foreign entity should not be implemented until its commercial purpose is clear and the relevant specialist conclusions have been confirmed.