Nigeria: CBN Demands Action Plans From Banks to Fix Capital Deficits

Nigeria: CBN Demands Action Plans From Banks to Fix Capital Deficits

The Central Bank of Nigeria (CBN) has issued a directive mandating all banks to submit comprehensive Capital Restoration Plans by Monday, July 14, 2025, marking the end of its COVID-era regulatory forbearance and loan waivers.

Nigeria Ends Loan Waivers, Orders Banks to Submit Capital Plans

The Central Bank of Nigeria has given lenders until the end of the week to submit plans to address capital shortfalls and ended waivers on troubled loans introduced during the pandemic, as it moves to strengthen the banking sector’s resilience.

CBN Withdraws Covid-Era Forbearance, Demands Stronger Capital Positions

The Central Bank of Nigeria (CBN) has directed deposit money banks to submit detailed capital restoration plans by the end of this week as it ends key pandemic-era regulatory concessions in a move to reinforce the banking sector’s resilience amid growing macroeconomic pressures. In a circular published on its official website on Monday, the apex […] The post CBN Withdraws Covid-Era Forbearance, Demands Stronger Capital Positions appeared first o…

Nigerian financial group Guaranty Trust targets London listing

Guaranty Trust Holding Co (GTCO), a Lagos-based banking group, announced plans for a listing on the London Stock Exchange’s main market.  The move is aimed at enhanced global visibility and compliance with the Central Bank of Nigeria’s (CBN) new capital requirements.   The CBN mandates a minimum capital of N500bn ($327.2m) for banks like GTBank Nigeria, a subsidiary, by 31 March 2026.   The net proceeds from the London listing will primarily sup…

Five Banks Meet CBN’s New Capital Requirements Ahead of 2026 Deadline - TV360 Nigeria

As of the end of the first half of 2025, at least five banks have met the revised capital thresholds set by the Central Bank of Nigeria (CBN) as part of its ongoing banking sector recapitalisation drive. The banks include Access Bank, Zenith Bank, Ecobank Nigeria, Lotus Bank, and Jaiz Bank. In March 2024, the CBN issued a directive requiring all commercial banks with international authorisation to raise their capital base to ₦500 billion, while …