Six Nigerian lenders join Africa’s biggest banks by total assets

Six Nigerian banks have been ranked among Africa's 20 largest lenders by total assets, reflecting the growth of the country's banking industry after a recapitalisation drive. Access Bank leads the Nigerian lenders with assets of $36 billion, ranking 12th on the continent, followed by United Bank for Africa (UBA) with $33.27 billion and Zenith Bank with a similar amount. This development underscores the increasing scale and influence of Nigerian financial institutions in Africa.

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