23 BANKS THAT HAVE MET CBN’S NEW CAPITAL REQUIREMENTS

OIP 14

With the goal of strengthening financial stability, the Central Bank of Nigeria (CBN) recently mandated a recapitalization exercise.

Banks in the country are required to meet these new minimum capital requirements by 31 March 2026:

Below is the full list of 23 banks that have already met the CBN’s recapitalization requirements:

Access Bank Plc
Zenith Bank Plc
First Bank of Nigeria Limited (First HoldCo)
Guaranty Trust Holding Company (GTCO)
United Bank for Africa (UBA)
Fidelity Bank Plc
Wema Bank Plc
Citibank Nigeria
Standard Chartered Bank Nigeria
Ecobank Nigeria
Globus Bank
Stanbic IBTC Bank
PremiumTrust Bank
Providus Bank, including its merged entity
FSDH Merchant Bank
Greenwich Merchant Bank
Nova Bank
Rand Merchant Bank
Jaiz Bank
Lotus Bank
TAJBank
Sterling Bank
AltBank, also known as Alternative Bank

About Dons Eze

DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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