Nigerian Banks have been ranked among the top 100 in Africa using Capital as a key metric and also return on Equity (ROE), ...

Nigeria’s leading banks have experienced a remarkable surge in their asset base, reaching N219.46 trillion in the first nine months of 2024, ahead of their year-end financial statements.

In contrast, many of Africa’s other leading banks have seen declines in their core capital compared to the 2023 rankings. The sharp depreciation of Nigeria’s naira against the US dollar has ...

The Interest rates increased from 18.75% at the beginning of 2024, to 27.50% at the end of the year. The financial reports show that banks earned a lot from loans.

Ten Deposit Money Banks (DMB) earned a total of N1.24tn from their customers as maintenance fees and electronic banking ...