2025-06-30 | BSD/DIR/CON/LAB/018/009

REGULATORY MEASURES TO SUPPORT EXIT FROM FORBEARANCE REGIME

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.

Nigeria

Central Bank of Nigeria

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