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Tag: bank recapitalisation

16 Banks Meet CBN Recapitalisation Ahead of 2026
  • Business

16 Banks Meet CBN Recapitalisation Ahead of 2026

ALO36011 months ago11 months ago04 mins

The Central Bank of Nigeria (CBN) confirmed that 16 banks have successfully met the recapitalisation requirements ahead of the March 31, 2026 deadline. Governor Olayemi Cardoso made the announcement after the 303rd Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, November 25, 2025. The banks raised the required capital through share offers, bond issuances,…

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