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Recapitalisation: CBN Directs Banks to Begin Stress Tests April 1

The Central Bank of Nigeria (CBN) has directed all commercial banks to conduct stress tests from April 1, 2026, as the March 31 recapitalisation deadline approaches.

30 Banks Hit Recapitalisation Target Ahead of March Deadline

30 Banks Hit Recapitalisation Target Ahead of March Deadline   Thirty banks have met the new minimum capital requirements introduced under the Central Bank of Nigeria’s banking sector recapitalisation programme, the apex bank disclosed on Friday. The CBN said the recapitalisation exercise, launched in 2024 to strengthen...

20 Banks Meet Capital Requirement Ahead of Recapitalisation Deadline

20 Banks Meet Capital Requirement Ahead of Recapitalisation Deadline   The Central Bank of Nigeria (CBN) has said that about 20 deposit money banks have already met the new capital requirements under the ongoing banking recapitalisation programme, as the apex bank shifts focus toward ensuring that...

BDCs Recapitalisation Deadline Extended to June 2025

The Central Bank of Nigeria (CBN) has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators

Recapitalisation: FCMB Will Raise N397bn In 3 Phases

Recapitalisation: FCMB Will Raise N397bn In 3 Phases According to FCMB Group Plc, it plans to raise N397 billion in three phases ahead of the Central Bank of Nigeria's (CBN) recapitalisation exercise. Mr Ladi Balogun, Chief Executive Officer of FCMB Group, said this at the Fact...

CBN’s N500bn Recapitalisation in Line with Global Economic Dynamic – NDIC

CBN’s N500bn Recapitalisation in Line with Global Economic Dynamic – NDIC The Nigeria Deposit Insurance Corporation (NDIC) has said the new Central Bank of Nigeria (CBN) policy which pegs the minimum capital for commercial banks at N500 billion was in line with current global economic...