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7 stories
πŸ‡³πŸ‡¬ Punch
National & Local

Recapitalization: One week to deadline, banks in last-minute rush

Nigerian banks are racing to meet recapitalization requirements set by the Central Bank ahead of an impending deadline.

Mar 23 β€’ 00:20 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

Investors urged to focus on structural resilience in banking

Market analysts in Nigeria are advising investors to prioritize the structural resilience of banks as they prepare for a recapitalization deadline.

Mar 10 β€’ 01:47 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

30 banks met recapitalization ahead of March deadline – CBN

Thirty banks in Nigeria have successfully met the new minimum capital requirements ahead of a March 2026 deadline set by the Central Bank of Nigeria as part of a recapitalization program aimed at strengthening the financial system.

Mar 6 β€’ 22:19 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

Bank recapitalization key to closing $120bn trade finance gap – Kale

Dr. Yemi Kale stressed the importance of bank recapitalization in addressing Africa's significant trade finance gap during the Ecobank Customer Forum.

Feb 18 β€’ 00:08 UTC
🌍 AllAfrica
National & Local

Nigeria: Sterling Financial Holdings Confirms Full Recapitalisation of Banking Subsidiaries

Sterling Financial Holdings has confirmed the full recapitalization of its banking subsidiaries in accordance with new regulatory requirements from Nigeria's central bank.

Feb 16 β€’ 11:05 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

DEAP Capital receives N1bn Banklink recapitalization boost

DEAP Capital Management & Trust Plc secured a N1bn investment from Banklink Africa, enhancing its recapitalization efforts as part of a wider N6bn commitment.

Feb 12 β€’ 00:00 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

Summit Bank hits N15.3bn capital base

Summit Bank has reached a regulatory capital base of N15.3 billion, surpassing the Central Bank of Nigeria's minimum requirement for regional non-interest banks and ensuring its growth ahead of the 2026 recapitalization deadline.

Feb 6 β€’ 00:20 UTC

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