Nigerian commercial banks began raising capital in 2024 to comply with the Central Bank of Nigeria’s (CBN) new capitalisation requirements and while tier-1 banks have raised over ₦1 trillion on the stock market, smaller banks like Polaris and Keystone are considering mergers and acquisitions to meet the March 31, 2026 deadline. These discussions are still in the early stages. But both banks need to raise additional funding after the CBN raised capital requirements tenfold. Read the full article 👉 https://techcabal.com/2025/02/05/polaris-keystone-mergers/