Wema and Access Banks Lead Nigerian Banking Sector in Asset Growth in 2025
In 2025, Wema Bank and Access Bank emerged as leaders in asset growth in Nigeria, with Wema Bank topping the sector with a 28.64% increase in assets. Other notable banks include Stanbic IBTC, Fidelity Bank, Ecobank, GTBank, FCMB, Zenith Bank, UBA, and First Bank.
Despite thin profit margins, Nigerian banks demonstrated impressive asset growth, showcasing resilience in the face of economic challenges. The sector's performance is highlighted by Wema Bank's significant growth to reach a total asset value of N3.98 trillion.
Access Bank also solidified its position as Nigeria's largest bank by total assets.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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