The Central Financial institution of Nigeria, CBN, has issued a definitive directive detailing how monetary holding firms ought to calculate their minimum paid-up capital, following weeks of confusion that delayed the discharge of some banks’ half-year and nine-month monetary statements.
In a round dated November 14, 2025, the apex financial institution acknowledged “divergent interpretations” of the time period minimum paid-up capital as acknowledged in Part 7.1 of the 2014 Pointers for Licensing and Regulation of Monetary Holding Corporations.
To eradicate ambiguity, the CBN dominated that minimum paid-up capital have to be computed strictly because the par worth of issued shares plus any share premium arising from their issuance.
“All Monetary Holding Corporations are required to use this definition in computing their minimum capital requirement—with out exception for subsidiaries,” the round acknowledged.
The regulator added that the directive takes speedy impact, noting that any earlier interpretation that doesn’t align with the brand new clarification “must be discontinued forthwith.”
The transfer is anticipated to calm market anxiousness and supply readability for lenders navigating ongoing regulatory capital necessities.
