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How Nigeria’s big banks scaled recapitalisation hurdle ahead March
Nigeria’s biggest banks have largely cleared the recapitalisation hurdle months ahead of the March 31, 2026 deadline, deploying a mix of speed, scale and strategy to meet the Central Bank of Nigeria’s (CBN) stricter capital thresholds. In March 2024, the CBN announced new minimum capital requirements of N500 billion for international banks, N200 billion for national banks and N50 billion for regional banks, allowing compliance only through fresh equity injections, mergers and acquisitions, or licence reclassification.
As of early 2026, aboutNigeria’s biggest banks have largely cleared the recapitalisation hurdle months ahead of the March 31, 2026 deadline, deploying a mix of speed, scale and strategy to meet the Central Bank of Nigeria’s (CBN) stricter capital thresholds. In March 2024, the CBN announced new minimum capital requirements of N500 billion for international banks, N200 billion for national banks and N50 billion for regional banks, allowing compliance only through fresh equity injections, mergers and acquisitions, or licence reclassification.
