As of 2022, Zenith Bank and United Bank of Africa (UBA), operating in the Nigerian banking market, registered profits reaching 500 million U.S. dollars and 380 million U.S. dollars, respectively. This made them the leading banks in the country in terms of profit. Guaranty Trust Bank and Access Bank followed, obtaining profits amounting to 378 million U.S. dollars and 347 million U.S. dollars, respectively.
Leading banks in Nigeria as of 2023, by total profit
(in million U.S. dollars)
Characteristic
Total profit in million U.S. dollars
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African Business. (October 3, 2023). Leading banks in Nigeria as of 2023, by total profit (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1319620/leading-banks-in-nigeria-by-total-profit/
African Business. "Leading banks in Nigeria as of 2023, by total profit (in million U.S. dollars)." Chart. October 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1319620/leading-banks-in-nigeria-by-total-profit/
African Business. (2023). Leading banks in Nigeria as of 2023, by total profit (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1319620/leading-banks-in-nigeria-by-total-profit/
African Business. "Leading Banks in Nigeria as of 2023, by Total Profit (in Million U.S. Dollars)." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/1319620/leading-banks-in-nigeria-by-total-profit/
African Business, Leading banks in Nigeria as of 2023, by total profit (in million U.S. dollars) Statista, https://www.statista.com/statistics/1319620/leading-banks-in-nigeria-by-total-profit/ (last visited July 22, 2024)
Leading banks in Nigeria as of 2023, by total profit (in million U.S. dollars) [Graph], African Business, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/1319620/leading-banks-in-nigeria-by-total-profit/