Zenith Bank to Exit CBN’s Regulatory Forbearance June 30, Assures Shareholders of Continued Dividend Payout Nume Ekeghe Zenith Bank Plc, Nigeria’s biggest bank by tier-1 capital has assured shareholders and investors of its
readiness to satisfy all relevant conditions to exit the Central Bank of Nigeria’s (CBN) regulatory forbearance by June 30, 2025. The bank also expressed con-
fidence in meeting shareholders’ dividend expectations in the 2025 financial year. The clarification comes on the back of heightened scrutiny of
Nigerian banks’ capital health following the new CBN directive that suspends dividend payments and tightens oversight for banks with outstanding forbearance-related loans
or breaches of the Single Obligor Limit (SOL). In a statement presented to the Nigeria Exchange (NGX) Group on Tuesday, the bank stated that its
exposure under the SOL forbearance relates solely to a single obligor, pointing out that this exposure Continued on page 9
Stock Market Rebounds as Access, FCMB, Fidelity Bank Begin Compliance... Page 28 Thursday 19 June, 2025 Vol 30. No 11029. Price: N400
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Tinubu in Benue, Says We’ll Convert Current Tragedy into Prosperity: I’m Ready to Invest in Peace...
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