The Central Bank of Nigeria (CBN) has directed banks operating under regulatory forbearance to suspend dividend payouts, defer executive bonuses, and freeze new investments in foreign subsidiaries or offshore ventures. This temporary measure forms part of a broader effort to reinforce capital buffers and strengthen the overall resilience of Nigeria’s banking sector.
#newstoday
#newstoday
The Central Bank of Nigeria (CBN) has directed banks operating under regulatory forbearance to suspend dividend payouts, defer executive bonuses, and freeze new investments in foreign subsidiaries or offshore ventures. This temporary measure forms part of a broader effort to reinforce capital buffers and strengthen the overall resilience of Nigeria’s banking sector.
#newstoday
