CBN Orders Banks Under Regulatory Forbearance to Halt Dividends, Bonuses, and Foreign Ventures in Capital Preservation Drive

The Central Bank of Nigeria (CBN) has issued a fresh directive instructing banks operating under regulatory forbearance to immediately suspend dividend payments, defer bonuses to executives, and halt new investments in foreign subsidiaries or offshore ventures. The apex bank said the decision is part of broader efforts to reinforce capital buffers, improve the resilience of [...]The post CBN Orders Banks Under Regulatory Forbearance to Halt Dividends, Bonuses, and Foreign Ventures in Capital Preservation Drive appeared first on Tekedia.

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