As of early 2026, several banks are still working to meet the Central Bank of Nigeria (CBN)’s revised capital requirements. These include:
Keystone Bank
Union Bank
SunTrust Bank
Parallex Bank
Coronation Merchant Bank
FBN Merchant Bank
Other non-interest banks
The CBN has set March 31, 2026, as the deadline for full compliance. Banks yet to meet the threshold are actively raising capital through rights issues, mergers, and strategic investments.
This recapitalization drive is crucial for strengthening the stability and growth of Nigeria’s banking sector, presenting opportunities for both investors and the banks themselves.
Keystone Bank
Union Bank
SunTrust Bank
Parallex Bank
Coronation Merchant Bank
FBN Merchant Bank
Other non-interest banks
The CBN has set March 31, 2026, as the deadline for full compliance. Banks yet to meet the threshold are actively raising capital through rights issues, mergers, and strategic investments.
This recapitalization drive is crucial for strengthening the stability and growth of Nigeria’s banking sector, presenting opportunities for both investors and the banks themselves.