The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concern over the Central Bank of Nigeria’s (CBN’s) recent circular temporarily suspending dividend payments by banks.
“This directive, issued on June 13, 2025, aims to ensure compliance with regulatory forbearance and Single Obligor Limit (SOL) requirements.
“However, ASHON believes the timing of this directive is inopportune, given the ongoing efforts by banks to meet the increased minimum capital requirement which is regulatory-induced,” ASHON said in a statement on Tuesday by its chairman, Sam Onukwue.
