Nigerian Banks Secure Licences
The Central Bank of Nigeria (CBN) has introduced new minimum capital requirements for banks. To operate internationally, banks need 500 billion in paid-up capital. As of 2026, Access Bank, Fidelity Bank, First Bank, GTBank, UBA, and Zenith Bank have secured international licences. For national licences, requiring 200 billion, FCMB, Wema Bank, Standard Chartered Bank, Citibank Nigeria, Stanbic IBTC Bank, Sterling Bank, Globus Bank, and Premium Trust Bank have qualified. Will these changes strengthen Nigeria's financial system and support its goal of a $1 trillion economy?
SOURCE: https://dailypost.ng/2026/01/17/nigerian-banks-that-have-secured-their-licences/