CBN tightens oversight as five banks hold 57% of industry assets - Businessday NG

Five Domestic Systemically Important Banks (D-SIBs) accounted for more than half of Nigeria’s banking industry assets, deposits and credit at the end of 2025, prompting the Central Bank of Nigeria (CBN) to sustain enhanced supervision of the institutions, according to its 2025 Annual Report and Statement of Accounts.

The five D-SIBs included Access Bank, GTBank, First Bank of Nigeria, United Bank for Africa and Zenith Bank.

The report showed that the five designated D-SIBs controlled N94.87 trillion, or 57.19 percent, of the banking industry’s total assets of N165.89 trillion as of December 31, 2025.

The institutions also accounted for N64.39 trillion, representing 58.44 percent of the industry’s total deposits of N110.19 trillion, and N33.48 trillion, or 57.37 percent, of aggregate industry credit, which stood at N58.36 trillion.

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