Zenith Bank and Access Holding Plc are the two tier-1 banks that have met and exceeded the N500 billion minimum ...

However, CBN described the claim making the rounds ... DAILY POST reports that Fidelity Bank also clarified that it is not under any form of bankruptcy proceedings. “Fidelity Bank remains ...

In a letter dated May 20, 2025, signed by Adeyinka Olumide-Fusika, SAN, of M.A. Banire & Associates/Citipoint (Legal Practitioners), the legal team asserted that Fidelity Bank significantly ...

Only two Tier 1 banks, Zenith Bank and Access Holdings Plc, have surpassed the N500 bn share capital and share premium ...

The bank clarified that these funds represent the CBN-mandated cash reserve requirement and are not accessible for daily operations. Fidelity Bank’s restricted deposits rose by 4.4 per cent to ...

While the CBN did not mention any specific bank, the statement comes amid a swirl of social media and online reports suggesting that Fidelity Bank may be facing financial instability following a ...

CBN’s recapitalisation mandate has reshaped Nigeria’s banking sector as institutions race to meet compliance targets.