…UBA remains the outlier with YOY growth
Nigeria’s biggest lenders reported a 14.9 percent decline in nine-month profit as the one-off currency revaluation windfall that inflated 2024 earnings vanished, signaling that banks may struggle to sustain returns without stronger loan growth and fee income.
Nigeria’s tier 1 banks, including First Bank of Nigeria Holding, United Bank for Africa, Guaranty Holding Company, Access Holdings, and Zenith Bank, posted a combined profit after tax of N2.91 trillion for the first n
