CBN Says Capital Buffer Is a Starting Point of Recapitalisation Reform, Not the End

CBN urges Nigerian banks to prove recapitalisation with real lending‎

The apex bank lists governance, asset quality and cyber resilience as its next supervisory priorities‎‎‎• 33 banks raised ₦4.65trn, but the CBN says capital alone is not enough‎‎• Regulators will watch governance, asset quality, liquidity and large exposures‎‎• Banks are expected to fund real projects that support the $1trn economy target‎‎The recapitalisation deadline has passed, […]

CBN calls for Improved Banking Services

The Central Bank of Nigeria has cautioned Banks to be wary of measuring the success of the recently completed recapitalisation exercise by the amount of capital raised as that alone is not enough. Rather, it called on banks to pay close attention to the quality of banking services and productive lending it supports. The Deputy […]

CBN moves post-recapitalisation focus to credit growth, risk management

The Central Bank of Nigeria (CBN) has shifted the emphasis of its banking-sector recapitalisation programme from how much capital lenders have raised to how effectively they deploy and manage the stronger balance sheets, setting the stage for tighter scrutiny of governance, risk management and productive lending. The apex bank said the completion of the two-year […]

CBN: Recapitalisation Only Starting Point, Governance Next Focus

The Central Bank of Nigeria has declared that stronger capital buffers represent only the starting point of the banking sector’s recapitalisation, signalling...

CBN says capital buffer is a starting point of recapitalisation reform, not the end

The Central Bank of Nigeria (CBN) has said stronger capital buffers are only the starting point of banking sector recapitalisation, with the next phase requiring stronger governance, risk management and productive lending.