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Banks recapitalisation gap shrinks to N583.4bn
12 Sep 2025 06:41 GMT
By Chinwendu Obienyi
Nigeria’s banking industry’s recapitalisation drive, yesterday, … surpassed the Central Bank of Nigeria’s (CBN) minimum capital requirement, trimming the … March 31, 2026. For commercial banks with international authorisation, the CBN …
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Wema Bank surpasses CBN capital requirement with successful N150 billion rights issue
12 Sep 2025 01:23 GMT
… Bank has exceeded the Central Bank of Nigeria’s (CBN) capital requirement for commercial banks … aimed at strengthening the Nigerian banking sector.
“This rights issue was … and exceed the CBN’s capital requirements.
At its Annual General Meeting …
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Central Bank, Securities Exchange Approve Wema Bank’s N150bn Rights Issue
12 Sep 2025 05:30 GMT
… recapitalisation of banks in the country … Bank has now met the N200 billion minimum capital requirement applicable to commercial banks … with national authorisation.
In addition to the Rights Issue, Wema Bank … and positioning the Bank for sustained growth …
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Wema Bank boosts capital with N150bn rights issue, secures CBN and SEC approval
12 Sep 2025 03:49 GMT
… minimum capital requirement for commercial banks with national authorization.
Additionally, the bank recently …
“As a growth-driven Bank, the industry recapitalisation requirement came … that this milestone underscores the bank’s strong governance, innovative …
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Wema surpasses minimum capital requirement as N150bn rights issue gets CBN, SEC approvals
11 Sep 2025 18:55 GMT
… Bank has now met the N200 billion minimum capital requirement applicable to commercial banks … years journalism experience writing on banking, finance and capital markets. The …
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Wema Bank tops CBN capital requirement after N150b rights issue
11 Sep 2025 18:02 GMT
Wema Bank has surpassed the Central Bank of Nigeria’s (CBN) minimum capital requirement for … on the recapitalisation of banks in Nigeria,” the bank said. “With the … Bank has now met the N200 billion minimum capital requirement applicable to commercial banks …
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Wema Bank raises capital to N214.7b, exceeds regulatory requirement
12 Sep 2025 01:10 GMT
… bank had in March 2024 announced new minimum capital requirements for deposit money banks … , with commercial banks with national … position in the competitive Nigerian banking sector and provide a …
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Wema Bank Surpasses CBN’s Capital Thresholds
12 Sep 2025 00:44 GMT
… banks in Nigeria.
With the successful completion and regulatory approval, Wema Bank … has now met the N200 billion minimum capital requirement applicable to commercial banks … with national authorisation.
In addition to the Rights Issue, Wema Bank …
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Wema Bank Concludes ₦150BN Rights Issue, Surpasses CBN’s Capital Requirement
11 Sep 2025 15:09 GMT
… billion minimum capital requirement set by the CBN for commercial banks with national … apex bank’s directive for stronger capital bases across Nigeria’s banking … sector. With the exercise concluded and approved, Wema Bank has …
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Wema Bank completes N150bn rights issue, surpasses recapitalisation target
11 Sep 2025 22:03 GMT
… , the bank now exceeds the N200 billion minimum capital requirement for commercial banks with … the minimum capital requirements for commercial, merchant, and non-interest banks.
In July …