CBN's New Directive on High-Value Borrowers: Strengthening Credit Discipline
Insights/Banking Law
Banking Law

CBN's New Directive on High-Value Borrowers: Strengthening Credit Discipline

CS
Crown & Sceptre EditorialLegal Research Team
9 May 2026•4 min read

Understanding the implications of the Central Bank's move to restrict defaulting obligors from banking services.

The Central Bank of Nigeria has issued a new directive targeting high-value borrowers with outstanding non-performing loans. This directive restricts defaulting obligors from accessing banking services, aiming to strengthen credit discipline in the financial sector.
CS

Crown & Sceptre Editorial Team

This briefing was prepared by our internal research and policy team. For specific legal advice regarding this matter, please contact the relevant practice group.