KEY POINTS

• Standard Chartered Bank Nigeria met the CBN N200bn capital requirement in November 2025.
• The bank says the early compliance reflects confidence in Nigeria’s economy.
• New capital is expected to support growth across priority sectors.

Standard Chartered Bank Nigeria Limited says it has met the Central Bank of Nigeria’s N200 billion minimum capital requirement for national commercial banks. They reached this goal months ahead of the March 2026 deadline.

The bank said that the goal was reached in November 2025, thanks to measures to strengthen capital and careful management of the balance sheet. The CBN’s broader goal is to make the financial system more stable and give banks more power to help the economy grow.

The lender said in a statement on Tuesday that early compliance puts it in a strong position to keep helping clients in important parts of the Nigerian economy.

Confidence in Nigeria’s economy

Dalu Ajene, the CEO of Standard Chartered Bank Nigeria Limited, said that the development was a clear sign that the bank believes in Nigeria’s economic future.

Ajene said that meeting the recapitalizasation requirement ahead of schedule shows confidence in the Nigerian market’s strength and the chances it offers for long-term growth.

He also said that the bank is still committed to supporting sustainable development through financing based on value and partnerships that boost national productivity.

Standard Chartered has been doing business in Africa for more than 170 years and has been in Nigeria for 26 years. The bank says it still uses its global knowledge and local knowledge to provide banking services to people, businesses, and institutions.

Dayo Omolokun, the Executive Director and Chief Financial Officer, said that the recapitalization strengthens Nigeria’s position as a key market for the group.