Nigerian Banks’ Revenue Growth Masks Profit Pressures in H1 2025

Thewillnews | 02-11-2025 12:08pm |

November 02, (THEWILL) — Nigeria’s major banks posted estimated gross earnings of ₦10.8 trillion in H1 2025, a double-digit growth compared to equivalent period in 2024. Investigations revealed that despite a significant revenue growth, aggregated profit before tax (PBT) across these banks shows a decline. This suggests that margin pressures, higher impairment charges, and cost escalations weighed

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