Citibank Nigeria Meets CBN's N200bn Capital Requirement, Reinforcing Commitment to Nigeria's Growth

Citibank Nigeria has announced that it has met the Central Bank of Nigeria's new minimum capital requirement of N200 billion for national commercial banks. The achievement highlights Citibank's enduring commitment to Nigeria's financial sector and economic development.

Nneka Enwereji, the Managing Director and CEO of Citibank, expressed confidence in Nigeria's future and pledged to invest in the country's growth. Ebru Pakcan, Head of Middle East and Africa at Citibank, emphasized Nigeria's resilience and opportunities for growth.

The Chairman of the Board, Mahmoud Isa Duts, also reiterated Citibank's long-term commitment to supporting Nigeria's growth and connecting clients globally.