Concerns mount over three banks’ prolonged CBN administration

Nigerian Tribune | 02-11-2026 08:29am |

CONCERNS are mounting over the prolonged regulatory administration of Keystone Bank, Polaris Bank and Union Bank. The three lenders remain short of the Central Bank of Nigeria’s (CBN) minimum capital requirement seven months after the March 31, 2026 recapitalisation deadline. The banks, under CBN-appointed management since January 10, 2024, have yet to meet the ₦200

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