Tag: cbn recapitalization
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CBN Recapitalization: Only 6 Banks Have Met the Central Bank’s Target, See List.
Introduction In March 2024, the Central Bank of Nigeria (CBN) raised the minimum capital requirements for banks: ₦500 billion for those with international authorisations, ₦200 billion for national licenses, and ₦50 billion for regional banks. With a deadline set for March 2026, banks have just six months left to comply. As of October 2025, only…
