Banks strategise to exit CBN’s forbearance framework

By Chinwendu Obienyi Amid the Central Bank of Nigeria’s (CBN) directive halting dividend payments, bonuses and new foreign investments for banks under regulatory forbearance, the affected financial institutions, on Wednesday, unveiled detailed plans to exit the forbearance regime and strengthen their capital positions. The regulatory shake-up, which aims to bolster capital adequacy ratios and reinforce [...]The post Banks strategise to exit CBN’s forbearance framework appeared first on The Sun Nigeria.

Read More