Why Nigerian Banks Are Tightening SME Working Capital Lines

Why Nigerian Banks Are Tightening SME Working Capital Lines

The Central Bank of Nigeria and national banking surveillance authorities have issued stricter compliance directives for managing distressed corporate credit and commercial exposure. Commercial banks must enforce aggressive impairment recognition, raise provisioning buffers on classified loans, and monitor higher capital adequacy thresholds. In boardroom briefings, this supervisory firmness is a prudent exercise in balance-sheet sanity,…

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CBN Proposes Mandatory Loan Dispute Panel

  The Central Bank of Nigeria has proposed a specialised mediation panel that would serve as the mandatory first point of resolution for disputes arising from secured lending transactions, effectively reducing immediate recourse to litigation in matters involving movable assets used as collateral. The proposal was outlined in a circular issued on Tuesday and signed…

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CBN, NITDA Insist on 2027 Payment Data Deadline

CBN Bars Major Loan Defaulters from Banking Services

The Central Bank of Nigeria (CBN) has banned large-scale loan defaulters from accessing new credit and essential banking services. In a directive issued on 12 March 2026, the regulator ordered all financial institutions to immediately freeze the accounts of “large-ticket obligors” with non-performing loans. The move aims to instill credit discipline and protect the banking…

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