Tatum Bank has announced that the Central Bank of Nigeria has confirmed that the bank has successfully met its capitalisation milestone in line with the regulatory requirements for financial institutions in Nigeria.
The bank said in a statement on Monday that the achievement marks a significant step in strengthening its financial foundation and reinforces its readiness to deepen its role in Nigeria’s financial services sector. It added that the milestone underscores Tatum Bank’s commitment to building a safe and dependable financial haven for its growing customer base.
Commenting on the development, the Managing Director of Tatum Bank, Mr Niyi Adeseun, said the milestone further 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 for our customers,” he said.
Also commenting, the Chairman of Tatum Bank, Mr Samuel Ologunorisa, SAN, highlighted the bank’s strategic direction, noting that the institution would continue to leverage digital innovation to expand access to financial services across Nigeria.
“Our strategy is firmly anchored on leveraging 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,” he stated.
He further emphasised that the bank’s operations are guided by strong corporate governance standards, responsible environmental, social and governance practices, and a robust enterprise risk management framework.
According to him, these principles remain central to the bank’s commitment to building a resilient, transparent, and trusted financial institution within Nigeria’s evolving financial landscape.
Tatum Bank noted that it achieved the milestone in less than a year after commencing full banking operations, having launched services in May 2025. The accomplishment, the bank said, signals its readiness to make a meaningful and lasting impact in Nigeria’s financial services sector.
With a strengthened capital base and a clear strategic direction, Tatum Bank said it remains committed to innovation, operational excellence, and delivering banking experiences that keep its customers smiling.
