Alert: Central Bank of Nigeria Published BSD/DIR/CON/LAB/018/009 on 2025-06-30

REGULATORY MEASURES TO SUPPORT EXIT FROM FORBEARANCE REGIME

Title: REGULATORY MEASURES TO SUPPORT EXIT FROM FORBEARANCE REGIME

Summary: The Central Bank of Nigeria (CBN) has announced regulatory measures to support banks' exit from the COVID-19 forbearance regime, effective June 30, 2025. These measures include terminating COVID-19-related waivers, temporarily lifting limits on Additional Tier 1 capital recognition, and imposing restrictions on the use of transitional reliefs. Banks are required to submit enhanced quarterly disclosures and a Capital Restoration Plan to ensure full regulatory compliance and maintain financial system stability.

Posted on: 2025-06-30

Download: BSD/DIR/CON/LAB/018/009