Jaiz Bank Secures N10.04bn Via Private Placement

Jaiz Bank has successfullylisted the N10.04 billion proceeds from its private placement on the Nigerian Exchange Group NGX, following regulatory approvals by the Central Bank of Nigeria CBN, Securities and Exchange Commission SEC.

This places the bank among the few banks that have already met the new capital requirements of the CBN, ahead of the June 2026 deadline.

The bank in a statement yesterday indicated that its financial position remained robust, with a well-structured, diversified, and resilient balance sheet.