In 2026, Nigeria’s banking industry is expected to enter a forced round of mergers and acquisitions, as lenders scramble to meet the Central Bank of Nigeria’s (CBN) recapitalisation deadline.
According to SBM Intelligence, consolidation will be a defining feature of the banking landscape in 2
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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.
