Recapitalisation: With 200 Days to Deadline, Banks Intensify Efforts to Scale Hurdle Nume Ekeghe
With just 200 days left before the Central Bank of Nigeria’s (CBN) March 31, 2026 recapitalisation
deadline, Nigerian banks are ramping up efforts to meet the stringent capital requirements. From exploring mergers and acquisitions to raising fresh
capital through rights issues and public offers, the industry is abuzz with strategic moves aimed at strengthening balance sheets and preserving market
share. The countdown has triggered a wave of activity across the financial sector, as lenders race not only to comply with
regulatory demands but also to position themselves competitively for the future of banking in Africa’s largest economy. At the beginning of the
exercise, the estimated capital requirement gap was about $4.1 trillion, and so far the banks have Continued on page 5
DSS Brokers Fresh Truce Between NUPENG, Dangote Refinery...
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Saturday September 13, 2025 Vol 30. No 11115
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Dignitaries Pay Final Respects as Doyin Abiola is Laid to Rest
Sunday Ehigiator
L-R: Chairman, Nigerians in Diaspora Commission, Hon. Abike Dabiri-Erewa; Wife of the Vice President, Hajia Nana Shetima; First Lady of Nigeria, Senator Oluremi Tinubu, and Wife of the Chief of Staff to the President, Mrs. Salamatu Gbajabiamila, with other CEOs of Government Agencies and Organisations after a courtesy visit by the Forum of Female CEO’s to the First Lady…yesterday
The Cathedral Church of Christ, Marina, was filled as dignitaries across Nigeria, led by President Bola Ahmed Tinubu, who was represented by the Minister of Finance, Continued on page 5
Ahead of Emergency Rule Expiration, Ibas Says He Has Fulfilled Tinubu’s Mandate in Rivers See story on page 5
PAYING FINAL RESPECTS TO DOYIN ABIOLA...
L-R: Former Lagos State Governor, Akinwumi Ambode; his wife, Mrs. Bolanle Ambode; former Lagos State First Lady, Mrs. Abimbola Fashola; Former Ogun State Governor, Gbenga Daniel; Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Minister of Solid Minerals, Mr. Dele Alake; and Lagos State Governor, Mr. Babajide Sanwo-Olu, at the funeral service for the late Mrs. Doyin Abiola, held at the Cathedral Church CMS in Lagos…yesterday SUNDAY ADIGUN