Nigerian Banks Meet CBN Capital Thresholds Ahead of Deadline

Six Nigerian banks, including Jaiz Bank, Wema Bank, Stanbic IBTC, GTBank, Zenith Bank, and Access Bank, have met the new CBN capital requirements ahead of the March 2026 deadline. The CBN directed banks to increase their capital bases, with different thresholds for national, international, and regional authorization.

Jaiz Bank surpassed the N20 billion recapitalization requirement by H1 2025. Wema Bank also confirmed compliance by raising capital through a rights issue.