CBN Re-Capitalization Drive: 11 Nigerian Banks Meet Deadline
October 19, 2025
6:12 pm
Nigerian banks raised over ₦1.7 trillion to meet CBN’s capital rule ahead of the 2026 compliance deadline, through rights issues to private placements.
With less than six months to the Central Bank of Nigeria’s (CBN) re-capitalization deadline, 11 commercial banks have successfully met the new minimum capital requirements through a mix of rights issues, private placements, and capital injections.
The re-capitalization drive, announced to strengthen Nigeria’s banking system, has already added about ₦1.72 trillion to the sector’s total share capital. Three banks with international licenses, six with national authorizations, and two non-interest lenders have crossed the finish line, according to …
