Forbearance with Strings: Lessons from the CBN’s 2025 Conditional Relief to Banks

Forbearance with Strings: Lessons from the CBN’s 2025 Conditional Relief to Banks

Introduction When the Central Bank of Nigeria (CBN) released its June 13, 2025 circular—“Temporary Suspension of Dividend Payments, Bonuses and Investment in Foreign Subsidiaries”—it was not the first time Nigerian banks had seen forbearance linked to strict conditions. But the circular’s lasting impact has become clearer over the months since its release, particularly following the […]