FirstRand eyes Nigeria inroad in a thrust for continental banking dominance

    BusinessDay | Newsletter | Mar 09, 2026    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
4865
times

Africa’s largest financial services group by market value has revealed its plan to test its might in the continent’s fiercest and most dynamic banking arena. FirstRand Ltd already has a foothold through Rand Merchant Bank, its investment banking division that focuses on corporate and investment banking. Now it wants to scale up by adding broader retail and commercial banking operations in Nigeria and demonstrate its deeper commitment to a market hosting over 200 million people and a banking sector on the brink of regulatory and competitive upheaval.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent