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flag As of March 6, 2026, 30 Nigerian banks met new capital rules, with N4.05 trillion raised to strengthen financial stability.

flag As of March 6, 2026, 30 Nigerian banks have met the Central Bank of Nigeria’s revised capital requirements under a recapitalisation programme launched in 2024, with 33 banks overall raising new capital through rights issues, IPOs, and private placements. flag The CBN confirmed the banking sector remains sound, with the remaining banks under routine verification ahead of the March 31 deadline. flag The initiative, aimed at boosting financial stability and economic growth, raised a total of N4.05 trillion in verified capital, with 71.67% domestic. flag The central bank continues monitoring compliance and strengthening risk management, including cyber resilience and payment system oversight.

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