By Muhammad Mamman
The Central Bank of Nigeria’s (CBN) two-year recapitalisation window for deposit money banks is set to close on March 31, marking a critical milestone for the country’s banking sector.
Under rules introduced in 2024, banks are required to meet new minimum capital thresholds aimed at strengthening financial stability. Commercial banks with international licences must reach ₦500 billion, while national and regional banks face lower targets of ₦200 billion and ₦50 billion, respectively.
The deadline comes amid ongoing corporate tax return filings, adding to a busy week for Nigeria’s financial and business sectors. Analysts say the recapitalisation push could reshape the banking landscape, influencing mergers, acquisitions, and lending capacities.
