Jaiz Bank Meets CBN Recapitalization After Raising N10.04bn From Private Placement

Jaiz Bank has successfully listed N10.04bn from its private placement on the Nigerian Exchange Group (NGX), following regulatory approvals from the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), and NGX.

The move places Jaiz Bank among the few banks that have already met the CBN’s revised capital requirements, ahead of the June 2026 deadline.