Nigeria: CBN Issues Routine Transitional Guidance to Select Banks

Nigeria: CBN Issues Routine Transitional Guidance to Select Banks

The Central Bank of Nigeria (CBN) has introduced time-bound measures for some banks still completing their transition from the temporary regulatory support provided in response to the economic impact of the COVID-19 pandemic.

CBN Confirms Most Banks on Track for 2026 Capital Targets Amid New Measures

The Central Bank of Nigeria (CBN) has reaffirmed that the majority of Nigerian banks are either fully compliant or on course to meet the new capital requirements ahead of the March 31, 2026 deadline. This confirmation comes as the apex bank announced a set of targeted transitional measures affecting a limited number of financial institutions. […] The post CBN Confirms Most Banks on Track for 2026 Capital Targets Amid New Measures appeared first …

CBN affirms banking sector strength, issues routine guidance for select institutions

The Central Bank of Nigeria (CBN) has unveiled new, temporary measures to support a select group of banks as they finalise their transition from pandemic-era regulatory assistance. This move is a strategic step in the CBN’s ongoing recapitalisation programme, initiated in 2023, aimed at fortifying the nation’s banking system and aligning it with Nigeria’s ambitious long-term growth objectives. According to a statement by Hakama Sidi Ali, Ag. Di…

CBN takes steps to strengthen banking sector, issues routine transitional guidance

Most banks have either completed or are on track to meet the new capital requirements well before the final implementation deadline of March

CBN Issues Transitional Guidelines For Banks Rounding Up COVID 19 Support Measures

ShareIn the continuous efforts to strengthen and safeguard the banking sector, Central Bank of Nigeria (CBN) has Introduced time-bound measures for a small number of banks still completing their transition from the temporary regulatory support provided, mostly in response to the economic impact of the COVID-19 pandemic. The measure, confirmed in a statement issued last... The post CBN Issues Transitional Guidelines For Banks Rounding Up COVID 19…

Many Selected Banks Meet CBN's 2026 Deadline For Transition From Regulatory Support - Brand Spur

In response to the COVID-19 pandemic’s economic impact, the Central Bank of Nigeria (CBN) implemented time-bound measures for a select few banks that are still finishing their transition from the temporary regulatory support given as part of its ongoing efforts to strengthen the banking system. The apex bank’s larger, sequential plan to carry out the recapitalisation program, which was announced in 2023, includes this stage. Significant capital …