UBA Finally Beats CBN’s N500bn Target as Tier-1 Banks Race Toward March 2026 Deadline

UBA Surpasses ₦500bn Capital Requirement Ahead of CBN Deadline - Techeconomy

UBA has officially met the CBN's ₦500 billion minimum capital base requirement for internationally licensed commercial banks

Fidelity Bank Raises Fresh N259bn to Overshoot CBN N500bn Capital Base

By Aduragbemi Omiyale The N500 billion minimum capital requirement of the Central Bank of Nigeria (CBN) for financial institutions with international banking licence has been met by Fidelity Bank Plc ahead of the March 2026 deadline. The local lender met and surpassed the new capital base after raising about N259 billion from private placement, a […]

N157bn Rights Issue Lifts UBA Above CBN Capital Requirement

United Bank for Africa (UBA) Plc’s market value has climbed to N507 billion, surpassing the Central Bank of Nigeria’s ₦500 billion minimum capital requirement after wrapping up the second phase of its rights issue, which brought in N157 billion. This boosts its balance sheet strength and solidifies its regulatory standing. By its 2025 half-year audited results, the bank’s share capital and share premium were around ₦350 billion. With the Securit…

UBA Meets Requirement For Tier 1 Banks With International License As Capital Base Hit N500bn

Through a rights issue, United Bank for Africa (UBA) successfully raised N178.3 billion, raising its capital base above the N500 billion minimum needed for Tier 1 banks with international licenses. This is based on data that the bank made public after its rights issue concluded in September 2025. Before this new capital raise, UBA had raised N239 billion in November 2024, bringing its total capital to N355.2 billion. When the rights issue closed…

Oversubscribed Rights Issue Lifts UBA Past ₦500bn Recapitalisation Mark

United Bank for Africa (UBA) has crossed the Central Bank of Nigeria’s ₦500 billion recapitalisation benchmark following the successful completion of its recently concluded rights issue, findings have shown. The rights issue, which offered 3.16 billion ordinary shares of 50 kobo each at ₦50.00 per share on the basis of one new share for every 13 held, was oversubscribed by 13 percent, reflecting strong shareholder appetite and institutional conf…

UBA finally beats CBN’s N500bn target as tier-1 banks race toward March 2026 deadline

UBA surpasses the N500bn capital requirement ahead of CBN's March 2026 deadline, raising N178.3 billion with over 6,400 valid share acceptances, enhancing stability.