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On this recapitalization plans, most banks already outgrew the N25 billion minimum cap. Banks and their net assets this year so far. FBNH - N1.3 trillion UBA - N1.7 trillion GTCO - N1.2 trillion Access Holdings - N1.6 trillion Zenith - N1.9 trillion Stanbic - N471 billion Fidelity - N410.7 billion FCMB - N344.5 billion Sterling - N165.8 billion So it’s either they are raising the barrier for new entrants or raising the ceiling for what it means to be an existing Nigerian Bank. But I doubt it is both . As earlier reported by Nairametrics this is likely due to two reasons. 1. Banks have lower CAR and most banks will be in trouble by the time the CBN rolls back the forbearances currently in place. 2. Basel III requirements subject banks to capital raises. The CBN actually planned to implement this in November this year. We reported it here too back in July. https://t.co/B25jaO3Gdo So will they raise bank’s minimum net assets to N2.5 trillion? My guess is no. Bank’s will probably need to raise enough capital to meet new CAR requirements. But you never know 🤷🏽‍♂️