banking industry recapitalization Archives - Business Today NG https://businesstodayng.com/tag/banking-industry-recapitalization/ The Hub of News Reporting Sat, 04 Apr 2026 00:43:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Nigerian Banks Raise ₦4.65 Trillion as CBN Ends Recapitalisation Drive https://businesstodayng.com/nigerian-banks-raise-%e2%82%a64-65-trillion-as-cbn-ends-recapitalisation-drive/ Sat, 04 Apr 2026 00:43:20 +0000 https://businesstodayng.com/?p=62097 Nigerian banks have successfully raised a total of ₦4.65 trillion in fresh capital following the conclusion of the Central Bank of Nigeria’s (CBN) 24-month recapitalisation programme. The exercise, which began in March 2024, was designed to strengthen the banking sector’s resilience, improve capital adequacy, and enhance the capacity of financial institutions to support economic growth […]

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]]> Nigerian banks have successfully raised a total of ₦4.65 trillion in fresh capital following the conclusion of the Central Bank of Nigeria’s (CBN) 24-month recapitalisation programme.

The exercise, which began in March 2024, was designed to strengthen the banking sector’s resilience, improve capital adequacy, and enhance the capacity of financial institutions to support economic growth amid domestic and global economic uncertainties.

The programme recorded strong participation from both domestic and international investors, with 72.55% of capital sourced locally and 27.45% from international markets, reflecting

sustained confidence in the Nigerian banking sector.

Governor Olayemi Cardoso commented: “The recapitalisation w has strengthened

the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well­positioned to support economic growth and withstand domestic and external shocks.

Capital Strengthening and Financial System Resilience.

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