Citi’s ₦200 Billion Capital Boost Signals Renewed Foreign Confidence In Nigeria

Citigroup Inc. has strengthened its Nigerian presence by recapitalizing Citi Bank Nigeria Limited to meet the Central Bank of Nigeria’s ₦200 billion minimum capital benchmark for national lenders ahead of the March 2026 deadline. The U.S.-based financial giant confirmed the capital injection in a statement on Wednesday, noting that the move reflects confidence in Nigeria’s

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