33 banks now bigger, stronger By Vanguard Editorial Board on April 6, 2026 – Recommended Nigerian Newspaper Report 34
The recent recapitalisation exercise led by the Central Bank of Nigeria, CBN, which saw 33 deposit money banks raise an impressive ₦44.65 trillion, is not a mere regulatory milestone. It is a reaffirmation of the fundamental truth that strong banks are the backbone of a strong economy. As Nigeria navigates an increasingly complex global financial landscape, routine capital base upgrades are inevitable.