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Domestic investors drive 72% of bank recapitalisation funds

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Domestic investors drive 72% of bank recapitalisation funds

09 Mar, 2026

Domestic investors account for about 72 per cent of the funds raised by Nigerian banks under the ongoing recapitalisation programme as financial institutions move to meet the March 31, 2026 deadline. The CBN disclosed that banks have continued to approach the capital market through different fundraising channels to strengthen their capital base, including rights issues, initial public offerings and private placements. The apex bank said that as of February, 2026, banks had raised a total of N4.05 trillion in verified and approved capital.............................….......READ MORE