Banking recapitalisation

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Nigerian banks eye finishing line on recapitalisation
African Business· 2025-09-16 17:23
For Nigerian banks, March 26, 2026 looms large on the horizon. That is when they must show they’ve met the new capital requirements set by the Central Bank of Nigeria (CBN) for lenders operating in the country.In March 2024, banks were given two years by the financial system regulator to meet the new targets. The banks with both local and international operations were required to have minimum capital of 500bn naira, while those that operated only nationally need to have 200bn naira. Minimum capital for regi ...