Regulatory headwinds, higher capital requirements, and easing interest rates will put Nigerian banks to the test in 2026, according to a report by S&P Global.
Despite these challenges, banks are forecast to preserve earnings, supported by growth in net interest income, mainly from transaction fees and commissions, and a still-elevated but easing cost of risk.
“We anticipate Nigerian banks will prove resilient and capable of preserving positive profitability in 2026 despite regulatory headwinds,” S&P Global said in its Nigerian Ban
