Policy Update: CBN Draws the Line – Dividends, Bonuses, and Foreign Investments Suspended for Forbearance-Benefiting Banks

June 27, 2025

On June 13, 2025, the Central Bank of Nigeria (CBN) issued a major regulatory update with far-reaching consequences for the banking sector. Through a circular signed by Dr. Olubukola A. Akinwunmi, Director of Banking Supervision, the CBN announced:

✅ Temporary suspension of dividend payments
✅ Deferral of executive bonuses
✅ Restrictions on new foreign investments

Dive deeper into the full implications of this policy, read our full analysis.