In March the apex bank increased minimum capital requirements for banks with a 2026 deadline.
Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso says, fourteen financial banks in Nigeria have already met their 2026 recapitalisation requirement.
Cardoso disclosed this on Tuesday in a briefing after the 302nd Monetary Policy Committee meeting in Abuja, Nigeria’s capital.
According to him, the Nigerian banking sector remained strong and resilient.
Cardoso, however, did not mention the names of the banks that have met its recapitalisation requirements.
Read Also: Tinubu Asks CBN To Monitor Digital Currencies Closely
“About 14 banks have met the regulatory capital requirements,” he said.
During the 301st MPC meeting in July 2025, Cardoso had said eight banks have met CBN’s minimum capital requirements.
There are reports that banks like Zenith Bank, Access Bank, Guarantee Trust Bank, Stanbic, United Bank of Africa, and others have met their respective minimum capital requirements.
Recall that in March the apex bank increased minimum capital requirements for banks with a 2026 deadline.
Share your thoughts on the story Fourteen Nigerian Banks Meet Requirements For Recapitalisation – CBN Gov Cardoso with Nigerian Kicker in the comments section.
