Nigerian banks have demonstrated resilience in maintaining their retail deposit base, with total deposits from six major lenders reaching ₦39.01 trillion as of June 2025. This figure represents a 24 percent increase from ₦31.46 trillion recorded in 2024. The analysis, conducted by the Nairametrics Research Team, involved a review of audited financial statements and investor presentations, highlighting the banks' ability to compete effectively against the rising influence of fintech companies in the financial sector.
Related Articles
Don't miss out on breaking stories and in-depth articles.