With less than a year until Nigeria’s banking recapitalization deadline, only seven banks have met or are on track to meet the new capital requirements. BusinessDay data reveals that commercial and non-interest banks must raise at least N2.47 trillion before the March 31, 2026 deadline.
Banks
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
