Editor

By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |

The Central Bank of Nigeria (CBN) on Wednesday announced that 33 banks have fully met the new minimum capital requirements under its recapitalisation programme, raising a combined N4.65 trillion to strengthen the resilience of the financial system and enhance its capacity to support economic growth.

The apex bank disclosed this in a statement marking the successful conclusion of the exercise, which commenced in March 2024 and attracted participation from both domestic and foreign investors.

Follow DDNewsOnline on Facebook For More Breaking News

The statement, jointly signed by the Director of Banking Supervision, Olubukola Akinwunmi, and the Acting Director of Corporate Communications, Hakama Sidi-Ali, read in part:
“Over the 24-month period, Nigerian banks raised a total of N4.65tn in new capital, strengthening the resilience of the financial system and enhancing its capacity to support the economy.”

The regulator noted that local investors accounted for 72.55% of the funds raised, while international investors contributed 27.45%, reflecting continued confidence in Nigeria’s banking sector.

Follow And Like Us On Tiktok

CBN Governor’s Comment Commenting on the outcome, CBN Governor Olayemi Cardoso said:
“The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to support economic growth and withstand domestic and external shocks.”

The CBN confirmed that while 33 banks have complied with the revised minimum capital thresholds, a limited number of institutions remain subject to ongoing regulatory and judicial processes, which are being addressed through established supervisory and legal frameworks.

For Breaking News And More Follow Us On Instagram

It emphasised that all banks remain fully operational, ensuring uninterrupted access to banking services for customers nationwide.

The statement highlighted that key prudential indicators have improved significantly, particularly capital adequacy ratios, which remain well above global Basel benchmarks. The minimum ratios were set at 10% for regional and national banks and 15% for banks with international licences.

Check out – Discover How to work and Earn with Dailyhustle

The recapitalisation exercise coincided with a gradual exit from regulatory forbearance, a move the CBN said has improved asset quality, strengthened balance sheet transparency, and enhanced overall stability.

To preserve these gains, the apex bank said it has reinforced its risk-based supervision framework, mandating periodic stress tests and adequate capital buffers for banks. Supervisory and prudential guidelines will continue to be reviewed regularly to strengthen governance, risk management, and resilience across the sector.

Manage Your Business Digitally With D-Degree Digital Hub Today Visit D-Degree Digital Hub

“The successful completion of the programme establishes a stronger and more resilient banking system, better positioned to support lending, mobilise savings, and withstand domestic and global shocks,” the statement added.

The CBN’s recapitalisation drive was part of broader efforts to bolster the banking sector amid economic challenges. Earlier reports showed that foreign capital inflows into Nigeria’s banking sector rose by 93.25% year-on-year to $13.53 billion in 2025, up from $7.00 billion in 2024, largely driven by the recapitalisation activities.

Follow Us On Youtube

However, the Centre for the Promotion of Private Enterprise (CPPE) recently raised concerns that, despite the reforms, credit flows to small businesses have remained weak, and the benefits are yet to fully translate into meaningful support for the real economy.

DDNewsOnline – Lagos
By Ogungbayi Adeyemi S. (Beedee)
Send tips to: adeyemi@ddnewsonline.com
09164987165 / 08168555497
©️ 2026 DDNewsOnline

10 thoughts on “33 Banks Raise N4.65tn as CBN Recapitalisation Programme Ends Successfully – Cardoso Hails Stronger, More Resilient Financial System”
  1. Fantastic beat ! I would like to apprentice while you
    amend your site, how can i subscribe for a blog
    web site? The account aided me a acceptable deal.
    I had been a little bit acquainted of this your broadcast offered bright clear idea

  2. I do not know if it’s just me or if everybody else encountering problems with your blog.
    It appears as if some of the written text in your posts are running off the screen. Can someone else please comment and let
    me know if this is happening to them as well? This could be a problem with my
    internet browser because I’ve had this happen previously.
    Thank you

  3. Howdy! I could have sworn I’ve visited this site before but after
    browsing through a few of the posts I realized it’s new to me.

    Regardless, I’m certainly delighted I stumbled upon it and I’ll
    be book-marking it and checking back frequently!

  4. Its such as you read my mind! You seem to know a lot about this, such as you wrote the e-book in it or something.
    I believe that you just can do with a few %
    to force the message home a little bit, however other than that,
    this is great blog. A fantastic read. I’ll certainly be back.

  5. โพสต์นี้ อ่านแล้วได้ความรู้เพิ่ม ครับ
    ผม ได้อ่านบทความที่เกี่ยวข้องกับ ข้อมูลเพิ่มเติม

    ดูต่อได้ที่ pompom 456
    น่าจะถูกใจใครหลายคน
    เพราะให้ข้อมูลเชิงลึก
    ขอบคุณที่แชร์ ข้อมูลที่มีประโยชน์ นี้
    จะรอติดตามเนื้อหาใหม่ๆ ต่อไป

Leave a Reply

Your email address will not be published. Required fields are marked *