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Banks Rush to Recapitalise as CBN Tightens Rules

The Business NG

The BusinessNG

Nigeria's leading banks have intensified efforts to meet the Central Bank of Nigeria's (CBN) recapitalisation deadline, launching aggressive fundraising campaigns and cleaning up legacy regulatory breaches ahead of the June 2026 target.

- BY NIYI JACOBS

BusinessNG notes last week, Ecobank Transnational Incorporated (ETI) announced plans to raise $250 million in Additional Tier 1 (AT1) capital via private placement. The move, ETI said, is strategic and meant to improve its capital adequacy and support pan-African expansion plans.

यह कहानी The Business NG के The BusinessNG संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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