Nigeria faces reduced number of banks as mergers, acquisition pressure intensify

Tribune OnlineNigeria faces reduced number of banks as mergers, acquisition pressure intensifyNigeria’s banking sector is on the cusp of another consolidation wave as Tier-2 and smaller banks face mounting pressure to merge or be acquired ahead of the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline. With new minimum capital requirements of N500 billion for international banks, N200 billion for national banks, and N50 billion

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