nigerian banks recapitalization

The Digest: In the race for capital, a new report by SB Morgen (SBM) Intelligence warns that Nigeria's Tier-2 banks are under mounting pressure to meet the CBN's 2026 recapitalisation deadline, or risk being part of a merger wave. The report highlights how key banks are responding to the new...

The Digest: The Central Bank of Nigeria (CBN) has confirmed that eight commercial banks have fully met their recapitalisation targets, signaling a strong step towards strengthening the financial sector. Governor Olayemi Cardoso shared the news after the latest Monetary Policy Committee (MPC)...