Nigeria's Largest Bank Reports N18.2 Trillion Earnings

Nigeria's largest bank reported total gross earnings of N18.2 trillion for the year ending December 31, 2025, marking a 7.69% increase from N16.9 trillion in 2024. Access Bank led with earnings of N5.52 trillion, followed by Zenith Bank at N4.07 trillion, First Holdco at N3.21 trillion, UBA at N2.97 trillion, and GTCO at N2.11 trillion.

Despite macroeconomic pressures, core banking activities remained strong, with interest income significantly impacted by rising interest rates. Access Bank's total assets surged to N51.5 trillion, while UBA and Zenith Bank reported assets of N33.7 trillion and N31.4 trillion, respectively.

The Central Bank of Nigeria, led by Governor Olayemi Cardoso, emphasized the importance of strengthening the banking sector's capital base to absorb shocks and support economic growth. However, profits for First Holdco fell to N52 billion in 2025 from N663 billion in 2024, with UBA and GTCO also reporting declines.

The overall banking sector showed resilience, with a focus on prudent risk management.