Nigerian Banks' Litigation Claims Drop 40% to N8.9 Trillion

In 2025, Nigerian banks experienced a 40% decrease in customer litigation claims, amounting to N8.9 trillion, compared to N14.83 trillion in 2024. The report, based on bank audits as of December 31, 2025, indicated that claims related to breaches of agreement, human error, and fraud were among the reasons for litigation.

Access Bank Plc reported a significant drop in claims to N1.05 trillion, a 90.7% decrease from N11.3 trillion in 2024. Zenith Bank Plc declared N1.9 trillion in litigation claims, a 46% increase from N1.3 trillion in 2024.

Guaranty Trust Holding Company (GTCO) Plc reported a decline to N502.96 billion, down 9.7% from N556.91 billion. Stanbic IBTC Holdings Plc, however, saw a substantial increase in litigation claims, totaling N2.39 trillion, an 807% rise from N263.08 billion in 2024.

The report emphasizes that the litigation environment within the corporate sector is becoming increasingly significant.