Nigerian banks have collectively raised over N13 trillion in fresh equity capital as of mid-2025, significantly strengthening their capital buffers and improving resilience to credit risk, according to a new report by Proshare. The report, released Wednesday and focused on Tier-1 banks, highlighted the outcome of sustained recapitalisation efforts within the banking sector. The substantial capital raise implies improvements in key financial health indicators. Banks can now report stronger capital adequacy ratios (CARs), reduced cost of ri
Nigerian banks have collectively raised over N13 trillion in fresh equity capital as of mid-2025, significantly strengthening their capital buffers and improving resilience to credit risk, according to a new report by Proshare. The report, released Wednesday and focused on Tier-1 banks, highlighted the outcome of sustained recapitalisation efforts within the banking sector. The substantial capital raise implies improvements in key financial health indicators. Banks can now report stronger capital adequacy ratios (CARs), reduced cost of ri