Recapitalization Deadline: Three Nigerian Banks yet to Meet CBN Requirements

Recapitalization deadline: Three Nigerian banks yet to meet CBN requirements

Three Nigerian banks are yet to meet the Central Bank of Nigeria’s minimum capital requirements as of Friday, March 6, 2026, ahead of the apex bank’s recapitalization deadline on March 31. Mrs. Hakama Ali-Sidi, the spokesperson of CBN, disclosed this in a statement on Friday. According to the statement, 30 Nigerian banks have met their respective minimum capital requirements, leaving only three left. The apex bank, however, noted that the remain…

30 banks meet requirements as recapitalisation exercise progresses

"As of 6 March, the recapitalisation exercise is progressing steadily. 30 banks have met the new minimum capital requirements applicable to their respective licence authorisations."

30 Banks Meet New Minimum Capital Requirements as Deadline Nears

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has confirmed that 30 banks have met its new minimum capital requirements ahead of the March 31, 2026, deadline. In a notice on Friday night, the banking sector regulator disclosed that the remaining lenders were undergoing its verification and should be concluded before the deadline. In […]

30 banks meet new capital requirements as recapitalisation deadline approaches

The Central Bank of Nigeria (CBN) has revealed that 30 banks have successfully met the new minimum capital requirements introduced under its ongoing banking sector recapitalisation programme. The apex bank disclosed this in a statement issued on Friday by its Acting Director of Corporate Communications, Hakama Sidi Ali, who said the exercise is progressing steadily […]

Nigeria’s Bank Recapitalisation Gains Momentum as 30 Banks Meet CBN Capital Target

The recapitalisation programme introduced by the Central Bank of Nigeria is advancing steadily, with 30 banks already meeting the new minimum capital thresholds ahead of the March 31 deadline set by the apex regulator. This update was disclosed in a statement issued in Abuja by Hakama Sidi-Ali, Acting Director of Corporate Communications at the central […] The post Nigeria’s Bank Recapitalisation Gains Momentum as 30 Banks Meet CBN Capital Targe…

30 Banks Meet Deadline For Recapitalisation –CBN

(AFRICAN EXAMINER) As the March 31 deadline for the bank recapitalisation exercise of the Central Bank of Nigeria (CBN) draws near, the apex bank says 30 banks have met the new capital requirements. CBN Acting Director, Corporate Communications Development, Mrs Hakama Sidi-Ali, said this in a statement on Friday in Abuja. According to Sidi-Ali, as […] The post 30 Banks Meet Deadline For Recapitalisation –CBN first appeared on African Examiner.