Nigerian Banks Dominate In Africa’s Top 100 Banks Rankings

1 feb 2021 · 16 min. 45 sec.
Nigerian Banks Dominate In Africa’s Top 100 Banks Rankings
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Zenith Bank’s ranks top performer with Tier-1 capital up 18% to $2bn while south Africa, Egypt, Morocco, Algeria lead the continent’s top 10 banks Nigerian banks have dominated the west...

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Zenith Bank’s ranks top performer with Tier-1 capital up 18% to $2bn while south Africa, Egypt, Morocco, Algeria lead the continent’s top 10 banks
Nigerian banks have dominated the west and central African regional Rankings in the 2020 survey of Africa’s top 100 lenders conducted by African Business, with the overall result showing just a few surprises.
Data captured mostly full financial results as of December 2019 as all eyes now turn the final results of the African before December 2020 year-end.
One hundred and six (106) years since embryonic Nigeria began to form into the
opaque state that it has become today the country’s extraordinarily conservative, ancient thinking, middle way thinkers, and even some with a modicum of progressive economic minds, have failed to see and understand the need to wake up billions of dead capital held by governments – local, state and federal – in the form of assets, by listing them at least on the domestic stock.
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