Governor of the Central Bank of Nigeria, Olayemi Cardoso, said fourteen financial banks in Nigeria have already met their 2026 recapitalisation requirement.
Cardoso disclosed this on Tuesday in a briefing after the 302nd Monetary Policy Committee meeting in Abuja.
He said the Nigerian banking sector remained strong and resilient.
Cardoso, however, did not mention the names of the banks that have met its recapitalisation requirements.
“About 14 banks have met the regulatory capital requirements.”
During the 301st MPC meeting in July 2025, Cardoso had said eight banks have met CBN’s minimum capital requirements.
There are reports that banks like Zenith Bank, Access Bank, Guarantee Trust Bank, Stanbic, United Bank of Africa, and others have met their respective minimum capital requirements.
Recall that in March the apex bank increased minimum capital requirements for banks with a 2026 deadline.
