Signature Bank exceeds CBN’s recapitalisation threshold after raising capital to N52 billion

Signature Bank exceeds CBN’s recapitalisation threshold after raising capital to N52 billion

Abuja, Nigeria – March 16, 2026 – Signature Bank Limited has increased its capital base to ₦52 billion, surpassing the ₦50 billion minimum requirement set by the Central Bank of Nigeria (CBN) for regional commercial banks. This capital increase, achieved through a rights issue, positions the Bank among institutions that have complied with the regulator’s ongoing banking sector recapitalisation programme. The recapitalisation drive, announced by …

Signature Bank Raises Capital To ₦52 Billion, Surpasses CBN Recapitalisation Requirement

Signature Bank Limited has successfully increased its capital base to ₦52 billion, exceeding the Central Bank of Nigeria’s ₦50 billion minimum threshold for regional commercial banks. The move comes as part of the regulator’s ongoing recapitalisation programme aimed at strengthening banks’ financial stability and lending capacity. Brandspur Banking News Desk reports that the capital boost was achieved through a rights issue, positioning Signatur…