The Group Chief Executive Officer of Guaranty Trust Holding Company (GTCO), Segun Agbaje, has revealed that the exit of regulatory forbearance loans should not have come as a surprise to the Nigerian banks, as they all had letters to end it in 2023.
This was announced by Agbaje on Thursday, July 10, 2025, during an event following the listing of GTCO’s shares on the London Stock Exchange (LSE).
Agbaje insisted that the regulators gave more than enough time to the banks to sort out the forbearance issue, and as such, should not be surprised at the recent pronouncement by the Central Bank of Nigeria (CBN) on the matter.
