Thirty-five days after Nigeria’s March 31 bank recapitalisation deadline, the CBN has issued no formal enforcement notice against Polaris, Keystone, or Union Bank. A public reassurance statement, a frozen court case, and a banking market priced for orderly resolution tell the real story.
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Banking
6 posts
Nigeria Fintech M&A Pipeline Q2 2026: Who Is Buying the Compliance Laggards?
The CBN compliance deadline is behind Nigeria’s fintech sector. The M&A wave is beginning. BETAR maps the five most credible acquirers, the three categories of distressed target, and the deal structures most likely to close before year-end.
Nigeria Bank M&A Wave 2026: Who Acquires the Recapitalisation Failures — and at What Price?
Chapter 3 of BETAR’s CBN Recapitalisation Arc. With Polaris, Keystone, and Union Bank non-compliant after March 31, the M&A intelligence question is now live: who buys these assets, at what valuation, and what does the deal look like?
After the CBN Deadline: Which Nigerian Banks Missed the March 31 Bar and What the Regulator Does Next
The CBN’s March 31 recapitalisation deadline has passed. Three banks — Polaris, Keystone, and Union Bank — remain formally non-compliant. BETAR analyses the enforcement tools available, the Union Bank court complication, and what a post-consolidation Nigerian banking map looks like.
Nigeria Bank Recapitalisation: Who Made the Cut, Who Merged, and What Comes Next — CBN Deadline 2026
The CBN’s 31 March 2026 bank recapitalisation deadline arrives with most of Nigeria’s banking sector compliant — and three banks still under regulatory intervention. BETAR tracks who raised, who merged, and what the concentration trade-off means for Nigerian credit.
Paystack Acquires Ladder MFB + CBN N250M Fine: Two Chapters of the Same Regulatory Story
Paystack was fined N250 million for operating Zap without a banking licence in April 2025. Eight months later it acquired Ladder Microfinance Bank. The timeline is not a coincidence — it is a strategy.