Nigerian Banks' Total Assets Reach N220.6 Trillion, Reflecting Economic Improvement

Nigeria's nine largest banks, including Access Bank, UBA, and Zenith Bank, have collectively expanded their total assets to N220.6 trillion by the third quarter of 2025, up from N198.4 trillion in 2024. This growth is attributed to a substantial increase in customer deposits, reaching N141.72 trillion.

Access Bank leads in total assets, followed by Ecobank and Zenith Bank. Analysts view this as a positive sign for the nation's economy, indicating intrinsic improvement in the overall economic outlook.

David Adonri, Managing Director of Highcap Securities, highlighted the significance of the banks' strengthened balance sheets in line with economic development.