21 Banks That Have Met The New CBN Capital Rules

CBN Recapitalisation Is Here. 21 Banks Have Passed. The Rest Are on the Clock.

If you still think Nigeria’s banking recapitalisation is a joke, this update should wake you up.

As of January 2026, 21 banks have successfully met the new capital requirements set by the Central Bank of Nigeria. No rumours. No projections. Actual money raised.

For context, CBN raised the minimum capital like this:
International banks need ₦500 billion
National banks need ₦200 billion
Regional banks need ₦50 billion
Non interest banks need between ₦10 billion and ₦20 billion

Deadline is March 31, 2026. Less than three months away.

This exercise started in 2024 and it is already reshaping the entire banking sector. Rights issues. Private placements. Mergers. Balance sheet surgery. Anyone sleeping will not survive.

Let us break it down clearly.

International Banks That Have Crossed ₦500bn

Access Bank
Zenith Bank
First HoldCo First Bank
GTCO
UBA
Fidelity Bank

Access and Zenith did not just meet the requirement. They overshot it comfortably. That alone tells you who came prepared and who did not.

National Banks That Have Crossed ₦200bn

Wema Bank
Citibank Nigeria
Standard Chartered Nigeria
Ecobank Nigeria
Globus Bank
Stanbic IBTC
PremiumTrust Bank
Providus Bank through merger with Unity Bank

PremiumTrust deserves special mention. Just three years old and already hitting ₦200bn. That is aggressive banking.

Merchant and Non Interest Banks Not Left Out

FSDH Merchant Bank
Greenwich Merchant Bank
Nova Bank
Rand Merchant Bank

Jaiz Bank
Lotus Bank
TAJBank

Now here is the part many people are ignoring.

This recapitalisation is not about impressing CBN. It is about survival.

We saw this movie in 2004 under Soludo. Banks reduced from 89 to 25. Weak players disappeared. Strong ones became giants. History is repeating itself, just bigger and tougher.

What does this mean for everyday Nigerians?

Fewer but stronger banks
Better shock resistance
More capacity to fund big projects
Less excuses during economic stress

But also
Banks that fail to raise capital will be forced to merge or shut down
Some familiar names may disappear
Jobs will be affected
Shareholders who did not pay attention will cry later

This is not politics. This is finance. Money talks. Capital decides who stays.

If your bank has not clearly announced how it plans to meet the requirement, start asking questions now, not in April.

CBN has drawn the line.
21 banks have crossed it.
The rest are racing against time.

Nigeria’s banking sector is entering a new era. Stronger. Leaner. Less forgiving.

Sit tight. The next three months will be very interesting.

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POS Scammer reveals How He Operates

https://youtu.be/71Z__qtzljM?si=lHgHboJTRd2BnbiP A video shows a man sitting on the ground, covered in dirt, holding a teal POS terminal and explaining an alleged method used to defraud POS operators. The original poster, @SemiNigerian, shared the video with a warning, writing: “What is wrong with Nigerians? Why must we find a way to bring down every single thing that has tried to sustain us as a people? Please kindly forward to protect your families and loved ones!!” According to the video, the man was caught after allegedly using the method to steal cash from POS operators and was made to demonstrate how the scam works. He first approaches a POS operator and requests a cash withdrawal for a random amount. The operator enters the amount and hands him the terminal to input his PIN. Instead of completing the transaction, he deliberately cancels or declines it. He then quickly opens the POS transaction history and takes note of the most recent successful transaction recorded before he arrived. He returns to the home screen and asks the operator to start the withdrawal again. When the operator re-enters the amount and hands him the terminal, he allegedly pulls his debit card slightly so that the machine does not actually read it before entering a PIN. The scammer then returns to the transaction history and shows the operator the earlier successful transaction. If the operator fails to check the exact amount, time and other transaction details, they may mistake the old transaction for the new one and hand over the requested cash. No money is deducted from the customer's bank account because the new transaction was never completed. The scammer then leaves with the POS operator's cash. The alleged trick depends on the scammer quickly navigating the terminal and the operator failing to carefully verify the transaction before releasing the money. POS operators are therefore advised to always independently confirm the transaction amount, time, status and receipt details before handing over cash. They should never rely solely on what a customer shows on the screen. If a transaction is cancelled, delayed or appears unusual, the safest option is to stop and verify it before releasing any money. Stay alert and always confirm that a transaction has actually been completed before handing over cash.

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The Pastor’s Son Who Became MAPOLY’s Most Feared Hitman: The Chilling Story of Gaddafi Discussion

The Pastor’s Son Who Became MAPOLY’s Most Feared Hitman: The Chilling Story of Gaddafi

The Pastor’s Son Who Became MAPOLY’s Most Feared Hitman: The Chilling Story of Gaddafi In 2009, the halls of Moshood Abiola Polytechnic became the stage for one of the most disturbing transformations in Nigerian campus cult history. His name was Gaddafi. But before the guns, the violence, and the manhunt, Gaddafi was simply a young man raised in a deeply religious home. His parents were devoted pastors, and he grew up surrounded by faith, discipline, and the expectation that he might one day follow in their footsteps. When he gained admission to Moshood Abiola Polytechnic in 2006 to study Civil Engineering, everything seemed to be going according to plan. He was described as intelligent, quiet, and peaceful. Then, just one year later, everything changed. In 2007, Gaddafi joined the Airlords, better known as the Eiye Confraternity. What began as a student’s involvement in a secret society soon became a dangerous descent into violence. Gaddafi quickly earned the reputation of a ruthless “Dove”—a feared enforcer willing to carry out violent assignments for his group. And he was not alone. He eventually formed a deadly alliance with Aboki, a notorious former Vikings member who had moved from eastern Nigeria to MAPOLY in pursuit of higher education. Together, their reputations grew. But Gaddafi's growing influence also frightened some of the senior members of his own group. They reportedly feared that giving him too much power would unleash uncontrollable violence. Despite those reservations, Gaddafi eventually rose through the ranks. By 2009, he had become the second-in-command of the Airlords at MAPOLY. Then came the war. The Airlords and the Buccaneers were locked in a bitter confrontation, and the violence that followed would change the history of the campus. Until then, there had been an unwritten boundary surrounding campus cult clashes: the school grounds were largely off-limits. Gaddafi shattered that boundary. During the conflict, he reportedly shot and eliminated two Buccaneer members inside MAPOLY itself. It was a shocking escalation. The campus was no longer just a place for lectures, examinations, and student life. Violence had crossed through its gates and entered the very heart of the institution. The incident triggered outrage. Authorities launched a massive manhunt, and Gaddafi became a wanted man. For weeks, he remained on the run. But eventually, the police received a crucial tip from an informant. On October 20, 2009, officers traced him to his girlfriend's residence. When they arrived, the house appeared empty. But the police weren't leaving empty-handed. As they searched the property, they looked toward the surrounding area and spotted something unusual—a man hiding high up in a tree. It was Gaddafi. The manhunt had finally caught up with him. When officers opened fire, Gaddafi was struck multiple times. He fell from the tree and was taken away with serious injuries. He later died at the police station. And just like that, the story of a young man who had once been raised to embrace faith and possibly become a spiritual leader came to a violent end. Gaddafi's story remains a chilling reminder of how quickly a promising life can be consumed by the culture of violence surrounding campus cultism. He entered MAPOLY as a Civil Engineering student with a future ahead of him. He left behind a reputation built on fear, bloodshed, and a violent death. Sometimes, the most tragic part of a crime story isn't how it ends—but how different the beginning could have been.

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THE SON WENT OVER THE CLIFF. HIS FATHER TRIED TO SAVE HIM. HIS MOTHER FOLLOWED. THREE LIVES WERE LOSDiscussion

THE SON WENT OVER THE CLIFF. HIS FATHER TRIED TO SAVE HIM. HIS MOTHER FOLLOWED. THREE LIVES WERE LOS

An argument reportedly involving an iPhone ended with a teenager and both of his parents losing their lives on the same Maharashtra hillside. On August 21, 2026, 18-year-old Kunal Chandwade went to Khavdya Dongar near Tisgaon in Chhatrapati Sambhajinagar district after an argument with his family. Police officials told NDTV that Kunal had already bought an iPhone on installments and had asked his family for money toward the payments. For nearly three hours, his parents, villagers, police and firefighters tried to persuade him to move away from the cliff. Fire crews positioned safety nets below, while his mother, Sangeeta, pleaded with him to step back. Tisgaon sarpanch Sanjay Jadhav even offered Kunal an iPhone in an attempt to keep him engaged and bring him to safety. Despite those efforts, Kunal eventually went over the edge. His 48-year-old father, Murlidhar, moved toward him in an attempt to intervene, and both fell. Reports say Sangeeta then jumped after witnessing what happened, although police said they were still establishing the exact sequence of those final moments. All three died. Wildlings, the iPhone dispute may have triggered the confrontation, but it would be too simple to say a phone alone caused this tragedy. What followed was a three-hour emotional crisis in which a family, villagers and emergency crews desperately tried to prevent three lives from being lost. Behind arguments that seem small can sometimes be distress far bigger than anyone realizes. #fblifestyle #maharashtra #india #familytragedy #mentalhealth

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Taiwo Hassan "Ogogo" Dies After Battle With S-4 Cancer

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NCC well done. Remaining Electrical regulatory commissions. Let IKEDC, EKEDC and co also pay custome

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Investment

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Jehovah witness lifts ban on Blood transfusion

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Test meDiscussion

Test me

Lord. Test me too

Yusuf