The Business NG - BusinessNg

In this issue

Keystone Bank Limited remains under the supervision of the Central Bank of Nigeria (CBN) and the Asset Management Corporation of Nigeria (AMCON), with its recapitalisation strategy and current capital position yet to be publicly disclosed. The bank continues to carry a full N200 billion shortfall relative to the national licence threshold, marking it as the most structurally uncertain institution in the ongoing recapitalisation tracker. Reports indicate that a foreign investor group has been identified as the preferred bidder to recapitalise Keystone Bank, with a local firm positioned as a reserve option. However, no formal updates or confirmations have been issued as of March 26, 2026, leaving the bank’s post-deadline compliance status unresolved. Keystone’s prolonged receivership and substantial capital deficit underscore the high-risk nature of its situation, in contrast to other national banks that have achieved full compliance either independently or through strategic transactions. Observers note that the bank’s eventual recapitalisation will be critical not only for regulatory compliance but also for restoring market confidence and stability within Nigeria’s banking sector