After Nigeria’s Q1 2026 CBN compliance wave — liveness mandates, AML standards, BVN phone locks — BETAR maps the sector. Who turned compliance into a moat, who became a consolidation candidate, and what does the post-enforcement landscape look like?
Month: May 2026
2 posts
Nigeria Banks at Day 35: The CBN Is Managing Expectations, Not Enforcing Deadlines
Thirty-five days after Nigeria’s March 31 bank recapitalisation deadline, the CBN has issued no formal enforcement notice against Polaris, Keystone, or Union Bank. A public reassurance statement, a frozen court case, and a banking market priced for orderly resolution tell the real story.