With less than six months to the recapitalisation deadline for Nigerian banks, 11 banks have fully satisfied the minimum capital base requirements, according to findings by BusinessDay. Three of the banks with international licenses have met the requirements, while six banks with a national license have also shore up their capital base. And two non-interest banks have met the requirements. In this report, BusinessDay explores the different strategies adopted by these lenders that have led to an addition of N1.72 trillion to their share ca
With less than six months to the recapitalisation deadline for Nigerian banks, 11 banks have fully satisfied the minimum capital base requirements, according to findings by BusinessDay. Three of the banks with international licenses have met the requirements, while six banks with a national license have also shore up their capital base. And two non-interest banks have met the requirements. In this report, BusinessDay explores the different strategies adopted by these lenders that have led to an addition of N1.72 trillion to their share ca