Nigeria's Top Banks See Growth in Total Assets, Ecobank Leads Ranking

The article highlights the ranking of Nigeria's 10 largest banks based on total assets in June 2025, totaling N223.41 trillion, up from N213.10 trillion in December 2024. Ecobank emerged as the largest bank with assets worth N49 trillion, followed by other key players like GTBank, Stanbic IBTC (NGX: STANBIC), FCMB (NGX: FCMB), and Sterling Bank.

Ecobank's growth is attributed to its strong operations across African markets, while GTBank and others also demonstrated steady growth. The banking sector's resilience amid inflation and exchange rate fluctuations is evident, with expansion plans in East Africa contributing to the industry's positive outlook.