Banks’ assets hit N170trn as finance sector boosts GDP by 5.8% – Report

Nigeria’s payment infrastructure ranks most advanced in Africa From Adanna Nnamani, Abuja Nigeria’s Financial and Professional Services (FPS) sector recorded a strong performance in 2024 despite tough economic conditions, with Deposit Money Banks (DMBs) growing their assets to N170.02 trillion, about 63.1 percent of the country’s total GDP. This is according to the State of [...]The post Banks’ assets hit N170trn as finance sector boosts GDP by 5.8% – Report appeared first on The Sun Nigeria.

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