By Attah Ede

A total of 20 Deposit Money Banks (DMBs) have fully attained the new recapitalisation threshold deadlines.
Furthermore, another set of 13 banks are at various stages of capital raising to meet up the deadline.
The governor of Central Bank of Nigeria, Mr. Olayemi Cardoso disclosed this on Tuesday at the conclusion of the Monetary Policy Committee (MPC) meeting.
He stated that the CBN has verified a total sum of N4.05 trillion as of 19th February 2026, representing investment funds that have been injected by the banks.
Details later…..
