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8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline - Business - Nairaland

Nairaland ForumNairaland GeneralBusiness8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline (20359 Views)

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8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by dre11(op): 8:48am On Jul 23, 2025
Eight Nigerian banks have surpassed CBN recapitalization requirement— Cardoso

The Central Bank of Nigeria Governor, Olayemi Cardoso, has revealed that eight Nigerian banks have met its recapitalization requirement ahead of the 2026 deadline.

Cardoso disclosed this on Tuesday at the end of its 301st Monetary Policy Committee meeting.

Although Cardoso did not mention the names of the banks, he emphasised that one of the Nigerian banks raised a significant amount of money in the London Stock Exchange.

He added that there is a lot of interest internationally in putting money into the Nigerian financial system.

“Already eight banks have surpassed the minimum required.

“Let me also say, in addition to that, we have one bank that has raised a significant amount of money in the London Stock Exchange. There is a lot of interest internationally in putting money in the Nigerian financial system. The key thing is that we as regulators will continue to play our part.”

His remarks come as CBN retained Nigeria’s Monetary Policy Rate at 27.50 percent.

Cardoso earlier said, Nigerians are having greater confidence in the naira which stood at N1,532.54 per dollar on Monday.

Recall in March last year, CBN raised minimum capital requirements for banks with March 31st, 2026, as the deadline.
https://dailypost.ng/2025/07/22/eight-nigerian-banks-have-surpassed-cbn-recapitalization-requirement-cardoso/

Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Owaincouncil: 8:59am On Jul 23, 2025
This should help to stabilize naira and bring in direct investment.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by sonssyo(f): 8:59am On Jul 23, 2025
this is commendable from the banks that meet the deadline, kudos to them
List of the banks should be included anyways undecided
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Urgent1Million: 8:59am On Jul 23, 2025
Congratulations to those banks.
With the multiple charges and fraudulent deductions they carry out, they should raise more than the required amount.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by BabaAgba79(m): 8:59am On Jul 23, 2025
dre11:
Eight Nigerian banks have surpassed CBN recapitalization requirement— Cardoso




https://dailypost.ng/2025/07/22/eight-nigerian-banks-have-surpassed-cbn-recapitalization-requirement-cardoso/
Nigerian economy will soon be number 3 in the World! By 2039!
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by toprealman:
This man without basic finance degree should stop doing too much!
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by majekobaje1: 9:00am On Jul 23, 2025
Hope my bank is among
23 more characters needed
Ok
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by TheStranger: 9:00am On Jul 23, 2025
Eight banks? This minimum capital stuff, is Opay included?
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by TenPassfour(m): 9:00am On Jul 23, 2025
Name of the banks, please
Let me check something.to know if my bank is among.
Thank you for the update.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by DamnnNiggarr: 9:01am On Jul 23, 2025
What is the need to tell us without mentioning the names of the banks involved?

datola:
GTBank, Zenith Bank, Access Bank, First Bank are the sure ones
Given FirstBank’s poor performance of late, it may come as a surprise that they possibly failed to meet the financial threshold set by the apex bank.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Redoil: 9:01am On Jul 23, 2025
i hope the banks will be able to give mortgage to workers for atleast 10 years
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by datola: 9:01am On Jul 23, 2025
GTBank, Zenith Bank, Access Bank, First Bank are the sure ones
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Amuluonyenaego: 9:03am On Jul 23, 2025
Can’t these people go and beg Mrs Ngoo okonjo iwuala to come home and stabilize this economy for us as a technocrat Abi na pride Dey worry them.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by ictmikky(m): 9:03am On Jul 23, 2025
Cool. This is a good news for the banking sector. It'll further boost confidence in our system and economy
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by TDIsaac(m): 9:03am On Jul 23, 2025
MPR at 27.5% is too high. How can we develop as a nation with this? Pls reduce it.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by nwirinedu(m): 9:03am On Jul 23, 2025
What are the names of the banks?

I want to check if mine is there, its a bad thing to start a new year with news that your banks has gone under. embarassed
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by VeeVeeMyLuv(m): 9:04am On Jul 23, 2025
My people

Is your bank among them?

Check o...

To be very sure
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by phylshan: 9:06am On Jul 23, 2025
1. FBN 2. UBA 3. ACESS/DIAMOND 4. ZENITH 5. FCMB 6. SKYE 7. GTB 8. STERLING

Congratulations
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Walezy2020: 9:07am On Jul 23, 2025
Dumbed other banks for opay hope its among sha mention the name of the banks biko I want to check something
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Stephen0mozzy: 9:08am On Jul 23, 2025
Great news for our banking sector! Stability is crucial for economic growth.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by dapadawee(m): 9:09am On Jul 23, 2025
DamnnNiggarr:
What is the need to tell us without mentioning the names of the banks involved?
Why should they mention the names of the banks before the deadline.
Mentioning is equal advertising and giving the banks advantage over others.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by straighttalk(m): 9:10am On Jul 23, 2025
Opay Digital Service for sure. I don't know what to write again but
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by samguru(m): 9:12am On Jul 23, 2025
what is stopping Cardoso from listing the 10 banks?

I hope the era of regulatory forbearance is gone? e.g unity Bank
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by AfahaAbia(m): 9:13am On Jul 23, 2025
I know GTB, First Bank and Access Bank are there. We all know na
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Lukuluku69(m):
BabaAgba79:
Nigerian economy will soon be number 3 in the World! By 2039!
Bigger than:



1. Japan
2. Brazil
3.The EU?
4. Russia
5. India
6. Turkey

In just 15 years?
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Lukuluku69(m): 9:15am On Jul 23, 2025
samguru:
what is stopping Cardoso from listing the 10 banks?

I hope the era of regulatory forbearance is gone? e.g unity Bank
If he did, it will send Panic thru the Financial Sector and it will also be a Marketing (Positive) for those who already made it.
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by KIDfurniture(m): 9:18am On Jul 23, 2025
Na Gtbank Dey trend madly in that London stock exchange - we chop well..




dre11:
Eight Nigerian banks have surpassed CBN recapitalization requirement— Cardoso




https://dailypost.ng/2025/07/22/eight-nigerian-banks-have-surpassed-cbn-recapitalization-requirement-cardoso/
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by EnglandAmaka(f): 9:20am On Jul 23, 2025
The strongly suspected banks include:

1. Guaranty Trust Bank (GTCO/GTBank)


2. Access Bank


3. Zenith Bank


4. Lotus Bank


5. Stanbic IBTC Bank


6. Ecobank

7. UBA

8. First Bank of Nigeria
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by TTPAAR(m): 9:23am On Jul 23, 2025
All I see is banks taking undue advantage of their customers money sent kept with them, with all crazy and senseless charges
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by qtx(m): 9:26am On Jul 23, 2025
dre11:
Eight Nigerian banks have surpassed CBN recapitalization requirement— Cardoso




https://dailypost.ng/2025/07/22/eight-nigerian-banks-have-surpassed-cbn-recapitalization-requirement-cardoso/
The 8 banks no get names? Which one is this reporting that seems like they are hiding something? @OP, why didn't you include the names here?
Re: 8 Banks Meet New CBN Capital Base Ahead Of 2026 Deadline by Bluntemperor: 9:29am On Jul 23, 2025
BabaAgba79:
Nigerian economy will soon be number 3 in the World! By 2039!
Yes,it's Possible,if the Politicians Can shelves their - Greed and Appetite For Foreign Goods and love for Dollars and Foreign things,e.g Foreign goods and Craze For Importations,when we have Such goods in our Society.
That is how to build- A productive Economy !
More Goods To EXPORTS - THAN IMPORT/ IMPORTATIONS.
1 2 Reply

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