Nigerian banks' combined profit fell 16% in 2025 as currency windfalls faded, leaving Nigeria the only major African market where bank earnings shrank.

An analysis of four major Nigerian banks shows they lent corporates more than ₦10 for every ₦1 given to retail customers

Nigerian banks' combined profit fell 16% in 2025 as currency windfalls faded, leaving Nigeria the only major African market where bank earnings shrank.