Tatum Bank has confirmed that the Central Bank of Nigeria (CBN) has officially recognised the institution’s successful achievement of its capitalisation milestone, meeting the regulatory requirements for financial institutions in the country.
Announcing the development on Monday, the bank described the achievement as a pivotal step in strengthening its financial foundation and reinforcing its readiness to play a more prominent role in Nigeria’s financial services sector. According to Tatum Bank, the milestone also underscores its commitment to building a safe and reliable financial environment for its growing customer base.
Speaking on the development, Managing Director Mr. Niyi Adeseun said the accomplishment positions the bank for sustainable growth and enhanced service delivery.
“This milestone is a strong affirmation of the solid foundation upon which Tatum Bank was built. Our vision has always been to create a safe financial haven where customers can confidently pursue their financial goals. We will continue to build on this accomplishment by strengthening our commitment to delivering seamless and reliable banking experiences,” Adeseun stated.
Chairman Mr. Samuel Ologunorisa, SAN, highlighted the bank’s strategic direction, noting that Tatum Bank would continue to leverage digital innovation to expand access to financial services nationwide.
“Our strategy is firmly anchored on using digital banking solutions to drive financial inclusion while supporting the growth of businesses and large corporations. By combining strong governance with innovative technology, Tatum Bank is well-positioned to contribute meaningfully to Nigeria’s economic development,” Ologunorisa said.
He added that the bank’s operations are guided by robust corporate governance standards, responsible environmental, social, and governance (ESG) practices, and a comprehensive enterprise risk management framework. These principles, he said, remain central to building a resilient, transparent, and trusted financial institution in Nigeria’s evolving financial landscape.
Tatum Bank noted that it achieved the capitalisation milestone less than a year after launching full banking operations in May 2025. The bank described the accomplishment as a signal of its readiness to make a meaningful and lasting impact in Nigeria’s financial sector.
With a strengthened capital base and a clear strategic direction, Tatum Bank reaffirmed its commitment to operational excellence, innovation, and delivering customer-centric banking experiences that inspire confidence and satisfaction.