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Regulatory Forbearance Directive Only for Limited Banks—CBN

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By Adedapo Adesanya The Central Bank of Nigeria (CBN) has clarified that the recent moves regarding regulatory forbearance is limited to limited banks. A few days ago, the CBN issued a directive to banks in the country, particularly those in possible distress, prohibiting them from paying dividends to shareholders and issuing bonuses to directors. This […]

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