Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
Denemek ALTIN - Özgür
Access Bank to Exit CBN Forbearance by June 30
The Business NG
|The BusinessNG
Access Bank has confirmed its readiness to exit the Central Bank of Nigeria's (CBN) regulatory forbearance framework by June 30, 2025, as the lender moves to assure investors of continued dividend payments and regulatory compliance.
-
In an official statement released on Wednesday and signed by Sunday Ekwochi, Company Secretary of Access Holdings Plc, the bank said it is fully aligned with the CBN's June 13 directive, which temporarily restricts dividend payments, executive bonuses, and offshore investments for lenders under regulatory forbearance.
"The bank will comply with the apex bank's directive by June 30, 2025, while maintaining strong capital buffers and paying dividends to its shareholders," the company said.
Bu hikaye The Business NG dergisinin The BusinessNG baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Business NG'den DAHA FAZLA HİKAYE
The Business NG
'80% of Nigerians in Debt' as Rising Living Costs Deepen Economic Pressure
Rising living costs and persistent economic pressure are pushing more Nigerians into debt, with analysts warning that borrowing is becoming a survival strategy for many households across the country.
1 min
BusinessNg
The Business NG
ECOWAS Projects Nigeria to Become 5th Richest Economy Globally Within 50 Years
The Economic Community of West African States (ECOWAS) has projected that Nigeria could become the world’s fifth richest country within the next 50 years, based on long-term global economic forecasts drawn from United Nations data and research by leading international universities.
1 min
BusinessNg
The Business NG
PDP Grants Jonathan Waiver, Clears Ex-President for Presidential Primary
The Peoples Democratic Party (PDP) has reportedly granted a waiver to former President, clearing him to participate in the party's presidential primary ahead of the 2027 general elections.
1 min
BusinessNg
The Business NG
CBN Projects 4.49% Growth as Inequality Concerns Persist
The Central Bank of Nigeria (CBN) has projected that the nation’s economy will grow by 4.49 per cent in 2026, signaling continued expansion in key sectors despite concerns over rising inequality and uneven distribution of economic gains.
1 min
BusinessNg
The Business NG
Banks Lose N2.5tn Yearly as CBN Defends Tough Cash Reserve Policy
Nigerian banks may be losing as much as N2.5 trillion annually due to the stringent Cash Reserve Ratio (CRR) policy of the, according to a new report by investment banking and research firm Chapel Hill Denham.
1 min
BusinessNg
The Business NG
2027 Elections: Political Parties Begin Fierce Struggle for Tickets
Nigeria's political landscape is heating up early as major political parties intensify internal processes ahead of the 2027 general elections, with aspirants across the country battling for nomination tickets in what is shaping up to be a highly competitive season.
1 min
BusinessNg
The Business NG
Nigerians Demand Interest Rate Cut Ahead of CBN MPC Meeting -Survey
As the Central Bank of Nigeria prepares for its Monetary Policy Committee (MPC) meeting scheduled for May 19 and 20, 2026, a new survey conducted by the apex bank has revealed that many Nigerians are calling for a reduction in interest rates amid worsening economic hardship and rising cost of living.
1 min
BusinessNg
The Business NG
Nigeria to Spend Nearly Half of 2026 Revenue on Debt Servicing
Nigeria's growing debt burden has come sharply into focus after President Bola Ahmed Tinubu revealed that the country will spend approximately $11.6 billion servicing debt obligations in 2026 —a figure estimated to consume nearly half of projected government revenue.
1 min
BusinessNg
The Business NG
Dangote Refinery Supplies 79% of Nigeria's Petrol as Fuel Imports Drop 37%
Dangote Petroleum Refinery strengthened its dominance in Nigeria's fuel market in April 2026 after accounting for about 79 percent of the country's petrol supply, according to new data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
1 min
BusinessNg
The Business NG
Nigeria Records 1.70 Million HIV Patients on Treatment as Benue Tops National Burden
Nigeria currently has 1.70 million people on antiretroviral treatment for HIV nationwide as of May 13, 2026, according to data from the National Data Repository compiled by TheCableIndex.
1 min
BusinessNg
Listen
Translate
Change font size