Fidelity Bank Raises Fresh N259bn to Overshoot CBN N500bn Capital Base

Primanews | 09-01-2026 11:12am |

By Aduragbemi Omiyale The N500 billion minimum capital requirement of the Central Bank of Nigeria (CBN) for financial institutions with international banking licence has been met by Fidelity Bank Plc ahead of the March 2026 deadline. The local lender met and surpassed the new capital base after raising about N259 billion from private placement, a

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.