CBN ends forbearance measures, asks banks to provide capital restoration plan
[NigerianEye - Nigeria] - 9/07/2025
The Central Bank of Nigeria (CBN) has issued a coordinated set of transitional measures to guide banks out of the regulatory forbearance regime introduced during the COVID-19 crisis. In a circular dated June 20 and signed by Olubukola Akinwunmi, director of banking supervision, the bank said the measures are designed to support affected banks in complying with prudential requirements, while facilitating a smooth and credible exit from temporary regulatory concessions. CBN ENDS FORBEARANCE MEASURES Effective June 30, 2025, the CBN said all COVID-19-related forbearance measures — including (…)
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