The banking recapitalisation exercise has a Q1 2026 deadline, and in preparation, many Nigerian banks have been strengthening their equity base. Collectively, banks have raised over N2.5 trillion through recapitalisation efforts, both domestically and internationally.
However, recapitalisation is
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
