Nigeria’s Leading Banks by Market Capitalization as of January 21, 2025 ( N’ Trillions)

    BDI | Insights | Jan 23, 2025    
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Nigeria's banking sector continues to showcase resilience and competitiveness, with a total market capitalization of ₦9.3 trillion as at January 21st, 2024. Leading the industry is GTBank, boasting a market value of ₦1.74 trillion and a share price of ₦59. Zenith Bank follows closely with a market value of ₦1.48 trillion and a share price of ₦47.2. Access Bank ranks third at ₦1.29 trillion, while UBA and First Bank are valued at ₦1.16 trillion and ₦1.03 trillion, with share prices of ₦34 and ₦28.7, respectively.

Beyond the top-tier banks, other notable players include Stanbic IBTC, with a market capitalization of ₦770 billion and shares priced at ₦59.5, and Ecobank, valued at ₦558 billion, trading at ₦30.4 per share. Meanwhile, Fidelity Bank, Sterling Bank, Wema Bank, and FCMB Group PLC have market values of ₦578 billion, ₦155 billion, ₦225 billion, and ₦200 billion, respectively.

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