N4.65tn raised: CBN declares Nigerian Banks recapitalisation exercise complete

CBN says 33 Nigerian banks met recapitalisation targets

Nigeria’s banking sector has crossed a major regulatory milestone after the Central Bank of Nigeria (CBN) announced the successful conclusion of its two-year bank recapitalisation programme, with 33 banks meeting the revised minimum capital requirements and raising a combined N4.65 trillion. In a significant signal of confidence in the financial system, the apex bank said … Read more

CBN recapitalisation deadline: Check if your bank is safe — full list, other details to know

Zenith Bank Startup Pitch Competition empowers Nigerian startups with ₦30m prize and mentorship

With a few days to the March 31, 2026 deadline, Nigeria’s banking sector is witnessing a major transformation as over 30 lenders have already met the new capital requirements set by the Central Bank of Nigeria (CBN). Industry findings show that at least 31 banks have successfully scaled the hurdle, while two others are still … Read more