Banks in Nigeria have been termed the most essential to Africa’s largest economy because they provide citizens and business brands with a lot of options for saving and borrowing  coupled with other critical services.

Nigerians increasingly depend on these financial brands to provide services at competitive interest rates.

The Central Bank Governor, Godwin Emefiele, a few weeks ago affirmed that Nigerian banks remained relatively resilient in supporting the nation’s $514 billion economy with industry averages of the Capital Adequacy Ratio pegged at 15.2%, Non-Performing Loans ratio hovering at 6.3%, and liquidity ratio at 40.5%, buttressing its capabilities to serve Africa’s most populated country.

This article ranks the seven most valuable Nigerian banks according to their market valuation at the Nigerian Stock exchange based on end of day prices as of the 25th of June 2021.

The bank’s market value is the cumulative value of the financial institution which includes all subsidiaries and commercial assets. The market valuation of the bank is further calculated from the stock exchange price of its shares multiplied by the total unit of shares held.

Access Bank: Nigeria’s Tier 1 bank known for its aggressive expansion drive, Access Bank is the fourth most valuable bank in the Nigerian Stock market with a market value pegged at N298.58 billion.Banks
Recall that the Herbert Wigwe-led bank some days ago launched a South African subsidiary known as Access Bank South after it acquired agricultural bank, Grobank in Q1 2021 and officially launched its entry into Africa’s second-largest economy.
The bank is credited with providing N100 billion in loans to about four million beneficiaries last year and still plans to surpass the record as the top brand pushes out more digital loans.

Guaranty Trust Bank: GTBank is Nigeria’s most valuable bank by market value with its most recent market valuation at N840.26 billion. The ongoing suspension in the trading of the bank’s shares took effect on the 18th of June 2021.
The suspension was put in place to prevent trading in the shares of the orange-coloured bank in preparation for its eventual delisting and the subsequent listing of its holding company, Guaranty Trust Holding Company Plc on the NGX.
The Nigerian tier 1 bank earlier reported that its total deposit for Q1 2021 grew to N3.717 trillion, representing a 3.0% surge compared to N3.611 trillion recorded in Q1’20.

Union Bank: Union Bank is the seventh most valuable bank in the Nigerian Stock market with its market capitalization put at N155.8 billion.

Mr Emeka Okonkwo, the chief executive officer of the bank recently announced that the bank released N350 million in 2020 to support the fight against the spread of COVID-19 in Nigeria.
Atlas Mara remains the largest shareholder in the Nigerian bank with a stake of approximately 50%.

United Bank for Africa: UBA is presently the sixth most valuable Nigerian bank by market capitalization. It has a market capitalization of about N247.95 billion.
Recent price actions show investors are holding on to the stock of the Tier 1 bank as it earned N38.15 billion in profit in Q1 2021, a 26.8% improvement over N30.1 billion earned in the corresponding period last year.
Some days ago, the Oliver Alawubasaid-led bank and Deutsche Investitions- und Entwicklungsgesellschaft mbH, a German Development Finance Institution, signed a $50 million term facility agreement targeted at supporting small and mid-size enterprises and family-owned businesses in Nigeria.

FBN Holdings Plc: First Bank is one of Nigeria’s most admired Tier 1 banks and it chimes in as the fifth amongst valuable banks with a market capitalization of N260.24 billion.
The Adesola Adeduntan-led bank is enjoying investors’ confidence with the bank’s share price posting yearly returns of about 46% as the brand remains at the forefront of promoting growth and development in Nigeria.
The financial institution is known for having one of the widest networks with over 750 branches across continents and 100,000 Firstmonie Agents spread across 774 local government areas in the country.Banks

Stanbic IBTC Bank: This fast-growing Nigerian bank, known for its strong wealth and pension management system, currently has a market value of about N518.93 billion.
Investors are weighing positively on the third most of the  valuable banks as recent macros reveal GCR Ratings (“GCR”) had recently upgraded the national scale long term rating assigned to Stanbic IBTC Bank Plc to AA+(NG) from AA(NG) and affirmed the national scale short term rating at A1+(NG), with a Stable Outlook.
The rationality behind such an upgrade is underpinned by the bank’s sound competitive position, and resilient financial profile amidst the strains in Nigeria’s economy.

Zenith Bank: Nigeria’s most profitable bank, known for having one of the best Corporate Governance Financial Services in Africa, chimes in as the second most valuable bank in Nigeria by market capitalization.
The Ebenezer Onyeagwu-led bank has a market value that presently stands at N747.24 billion.
The bank’s most recent result in spite of headwinds shows it is well-positioned for more upsides as the Tier 1 bank posted a Q1 Profit Before Tax up 4% year to year to N61 billion on the back of a 5% y/y growth in pre-provision profits.

50 COMMENTS

  1. When a team uses a Gmail group email, they find a better way to communicate with their contacts list. They can save a lot of time and also optimize their processes by reducing the steps they would take to type email addresses. Creating a group of contacts in Gmail is particularly beneficial for companies because it helps them send their brand-related content to broader audiences in an organized fashion. If it’s just a few email addresses you need to add to an email, it’s faster to just manually type them in. You can do this by first opening up the BCC field in the email. Entering the email addresses as BCC means that Gmail won’t reveal them to the other email recipients. Type in each address, separated by a space. While Google announces the auto-transition from G Suite to Google Workspace, your organization is at risk for a price increase, Umzuzu clients receive more time and resources to make an informed decision of how to move forward. Plus, a discounted ransomware and backup solution for new clients. https://devilena.com/index.php/community/profile/jacquettafeagin/ Sometimes technology puts barriers to itself. On China, for example, they don t get along very well Google and that causes that their services do not have much space there. The position of the tech giant is not so predominant, and that leads to the existence of ROMs like MIUI, They have a Chinese version and an international version of the same operating system. Generally speaking, that Global ROM should work without problems in the rest of the world as we are used to, but it is not always like that. We all know how important contacts are on our devices. And, to keep these contacts safe many Android users use Google Contacts. Syncing the Android phone contacts with Google Account is an excellent idea. 403. Forbidden. Recover deleted contactsGo to Google Contacts.At the left, scroll down.Click Trash.Select an option. A single contact: Check the box next to the contact name. Multiple contacts: Check the boxes next to all the contacts you want to recover. All contacts: Check the box next to any contact. At the top, click Recover.

  2. Clean Carpets of Park City Inc cleans and repairs all kinds of carpets, area rugs, and Oriental rugs at your commercial or residential location. We take the quality of our work very seriously. Every Bayou City Steam technician is IICRC Certified to provide every service we offer, ensuring that you receive a quality cleaning every time. “I was unsure of who to use to clean the basement carpet and an area rug. Mr. B’s came through and did it beautifully (right before the holiday). They were professional, thorough and nice! The carpets never looked better~and they were very reasonable! I would absolutely trust them to do the work again.” Tri-City Carpet Cleaning LLC in the Tri Cities makes carpets like new again 4. As a final step, we use a carpet rake to stand the carpet fibers up and help them dry faster. This step also helps groom the fibers and remove swirl marks from our cleaning process, so your carpet looks clean and uniform when we are done. https://emilioyqgw875420.rimmablog.com/12278115/iicrc-carpet-cleaning As the urine dries, the liquid evaporates but the urine crystals become even more concentrated and pungent. Simple cleaning will not remove this odor. Until recently, there was not a product available that was effective at removing urine odors. When P.U.R.T.В® contacts the source of the odor, it immediately begins a chemical reaction that destroys the urine odor. 2022 Power Plus Cleaning Don’t cry just yet if the red wine was spilled on your light carpet or a piece of cholate has melted into your upholstery.  Your Overland Park home has a “Hall of Fame” carpet stain removal guru at your service. Our carpet stain removal products correctly used by our carpet cleaning professionals will save the day with heroic measures to remove or minimize all types of stains – even that coffee stain on the carpet. No kidding! Our carpet stain removal has successfully removed the following:

  3. Można użyć dowolnej odmiany pokera lub dowolnej gry karcianej. grać w rozbieranego pokera. Celem gry jest wyciągnięcie ludzi z ich ubrań, z pozorem ich własnego, wciąż nienaruszonego. Istnieje także wersja towarzyskiego pokera rozbieranego. Zasady gry są bardzo proste. Na początek wybrać należy jednego z powyższych wersji pokera. Istotne jest, aby każdy z graczu znał zasady gry w pokera. Rozbierany poker zasadę ma jedną dodatkową: należy ustalić przed grą, ile garderoby gracze będą się pozbywać, aby w takcie nie doszło do niemiłych sytuacji. W grze Video Poker otrzymujesz 5 kart a do Twojej decyzji pozostaje, których z nich chcesz się pozbyć. W miejsce odrzuconych kart otrzymujesz nowe, które spłacane są w zgodzie z wartością kart w ręce. Username: Password: https://lorenzopesg219754.imblogs.net/59387324/sandomierz-kasyno W systemie D’Alembert stawiasz na czerwone lub czarne, niskie lub wysokie, parzyste lub nieparzyste. Zakład, który stawiasz, jest podstawą tego systemu. Jeśli przegrasz, stawiasz zakład plus dodatkową kwotę. W przypadku kolejnej przegranej kontynuujesz tę zasadę. Kiedy wygrasz, odejmujesz wykorzystaną kwotę od zakładu. W praktyce oznacza to, że jeżeli zaczynasz z zakładem na przykład 5 €, zwiększasz go o 1 €, jeśli przegrasz lub zmniejszasz o 1 €, jeśli wygrasz. Różnorodność gier, które są dostępne w kasynach internetowych jest zadziwiająca. Rynek kasyn jest obecnie bardzo konkurencyjny, dlatego właściciele starają się jak najbardziej sprostać wymaganiom graczy, dostosowując rozrywkę pod różne gusta i potrzeby. Ponadto podejmują współpracę z zaufanymi i renomowanymi dostawcami oprogramowania. Dzięki temu gracze, wyszukując rozrywki pod hasłem „gra ruletka online”, nie mają najmniejszych problemów ze znalezieniem różnego rodzaju odmian tej popularnej gry. Ogromna możliwość wyboru sprawia, że trudno zdecydować się na jedną grę. Aby ułatwić wybór poniżej omówimy kryteria, które pomogą w podjęciu decyzji:

  4. Dank der Bewertungen des MrBet.at-Teams können Sie sofort mit dem Spielen in dem einen oder anderen Online Casino Austria beginnen, ohne sich Gedanken über die Authentizität und Qualität zu machen. Wir haben alle notwendigen Tests für Sie durchgeführt. Jetzt haben Sie alle Chancen, eine Einzahlung auf Ihr Spielerkonto zu tätigen und möglicherweise in naher Zukunft in einem Online Casino Echtgeld zu gewinnen. 23Most of the debate over national disloyalty among the troops has concerned the Czechs in 1915 and 1917. Fortunately, a recent work of meticulous research should put an end to the dispute by demonstrating that Austrian officers accused the Czechs of dishonourable conduct to save their own reputations. Richard Lein’s Pflichterfüllung oder Hochverrat. Die tschechischen Soldaten ?sterreich-Ungarns im Ersten Weltkrieg (2011, p. 418)  concludes: https://www.azamrah.org/community/profile/sergiogruenewal/ Falls Sie jetzt bereit sind einige Spielen mit Wild-Symbolen auszuprobieren, dann schauen Sie sich in unserer Liste die Echtgeld-Slots und besten gratis Spielautomaten an. Werfen Sie ebenfalls einen Blick auf unseren Rategeber, der die besten Online-Casinos beinhaltet. Ein weiteres Highlight von NetEnt ist der action-geladene Spielautomat Gonzo’s Quest. Dieser Slot hat in den vergangenen Jahren bereits mehrere Preise als bestes Spiel gewonnen. Damit ist es ein Video-Slot, auf bei dem sich Freispiele besonders bezahlt machen und man kein eigenes Guthaben einsetzen muss. Auf der Webseite von CasinoNow findest Du viele Angebote mit Slots welche auch Freispiele anbieten. Jackpot Slots, progressive Jackpots und Spielmechaniken für höhere Gewinne. Suchen Sie ganz einfach das passende Slot Angebot für Sie aus und starten Sie noch heute damit an den Spielautomaten mit Freispielen Geld zu verdienen.

  5. 100 Free spins code: OZWELCOME-B If I tell you that JackpotCity casino is one of the most generous casinos in Canada you have to believe me. Most online casinos offer you a welcome bonus on top of your first deposit. Some of them even give you a slightly lower bonus on your second deposit. But JackpotCity offers you 4 exactly the same bonuses on your first 4 deposits. It starts with 100% JackpotCity bonus up to C$400 when you decide to play with real money. And on the following 3 deposits you receive exactly the same JackpotCity bonus. In total you can collect up to C$1.600 free play money on top of 4 real money deposits. If you love slots and jackpots as much as we do, you’ll claim your Jackpot City free credits right now. Once you have them, head to the library and hit the biggest jackpots. Maybe today’s your lucky day. https://careforfuture.org.uk/Forum/profile/antoinette31933 As one of the most prominent names in the world of online gambling and betting, PokerStars Casino features an excellent, VIP Loyalty Program known as the StarsRewards Program that generously rewards all of the casino’s most loyal players. As with other loyalty programs of this kind, its members collect Star Points which they can redeem for instant cash prizes and special bonuses and promotions. Many of these promos bring loads of free spins that can be used used on the most popular slot games. Like all the top online casinos, PokerStars is full of slots. Regardless of where you are in the world, you’ll be able to play slots if Stars Casino is available. Industry hits like Starburst, Gonzo’s Quest and Great Rhino are all part of the mix. Add to this the latest innovations like Megaways and the exclusive content we mentioned earlier, and PokerStars’ slots lobby is a rising star within the industry.

  6. diflucan side effect [url=https://diflucan.site/#]diflucan 300 mg [/url] increased vaginal itching after taking diflucan what to try to get rid of thrush after diflucan, nystatin and lozengs

  7. So, if for example, the casino offer terms state that free spins no-deposit offers have a 35x wagering requirement, it means you will need to play through your free spin winnings 35 times before being able to make a withdrawal. Most free spin casinos also require that you deposit being able to withdraw winnings, and some have additional limits and restrictions. Therefore, we always recommend that you check the free spins offer terms and conditions to fully understand the requirements. Finally, all best online casinos and casino games and are gathered in one place! Online Casino HEX offers a wide range of free casino games of any taste. Here you can choose to play free slots, online roulette, blackjack, baccarat, craps, scratch cards and video poker games without download or registration. Also, we provide a wide choice of online casinos Canada with latest casino bonuses to make your real money gambling more enjoyable. Gambling can cause addiction. Play responsibly. National Gambling Treatment Service: BeGambleAware.org https://oso2.com.au/community/profile/leonrosson71522/ Playing at real money casino sites can be quite exhilarating. But with so many operators on the market, it can be hard for players to find the top online casino with real money games. That’s why we’ve done the hard work for you and made a definitive list of all the best real money casino sites in the UK where you can play and win real cash. Winning money while gambling is a very tempting prospect. There are many tips, books, and pieces of advice floating out there. The best advice you can get, though, is that gambling is an unreliable ally. If you want to be winning money, you should focus on skill-based games. Why stay at home to gamble for real money when you can hold an entire Casino in the palm of your hand! All top Real Money Casinos spend considerable time and effort in making sure their mobile gambling offerings work perfectly. Mobile Real Money Casinos need to ensure that the games are fully optimized to work on mobile devices. This means they must function correctly on a smaller screen and with touch controls.

  8. Can I claim 50 extra spins for 10 NZ dollars casino deposit more than once? Keep in mind that casino deposit 10 get 50 usually isn’t available for live casino games in NZ. You will need a different bonus to activate this offer. Also, it isn’t available for sports betting. You do need a different promotion. Deposit bonuses are also available if you make a deposit. They can be free spins and an additional amount to the account or other offers that depend on the low deposit casino. No deposit bonuses can be received even without a deposit and can be used in exciting resources. The loyalty program will give you rewards for reaching a certain level. One has only to play and make deposits more often in a gaming establishment. 3. The real money deposit will automatically be used, up to the offer amount, before the bonus money. https://keegantkym431086.collectblogs.com/57054945/casino-max-no-deposit-bonus-codes Some have attempted to circumvent this fact by using VPNs and false addresses to try to continue playing at the world’s largest internet card room. However, doing so is against the terms and conditions of the poker site. This is specifically noted in a FAQ for Australian users that PokerStars maintains on its website: The entire online poker industry has been on a wild ride over the past couple of decades. That is particularly the case with real money poker sites in the US. For years, these websites operated freely and without issue until mid-2011, when the US government launched a crackdown on the entire internet poker industry. PokerStars are the biggest online poker site in the world (and have been for over a decade). They offer the best software and probably the best security of any online poker site. However, they have been implementing unpopular changes to the site for many years now, from constant rake increases to dramatically slashing rewards. As a result, their once unassailable position as the world’s biggest online poker site is under threat from several competitors!

  9. Court Documents Lucky Red casino offers a 70% deposit match and if that isn’t enough to leave you in awe of this spectacular promotion then the fact it can be used 5x times each Tuesday is enough to prove that this offer is one not to be missed. Casino T&C apply. At Lucky Red Casino, we understand the value of our client’s patronage and strive to establish a deep and honest relationship through every interaction. For any question or concern that you may encounter, you are guaranteed a prompt and personal reply. Customer support at Lucky Red Casino is nothing less than the most efficient and professional in the industry. We are determined to offer you a unique online gaming experience. Our mission is to set the highest standards for our product and service alike. In order to achieve these goals with your best interests at heart, we very much look forward to hearing your opinions and comments by email or by telephone. For general feedback, please contact our customer support team. https://www.thekangaroocourt.co.uk/community/profile/eltonmarrero247/ Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (User Agreement updated 1 1 21. Privacy Policy and Cookie Statement updated 7 1 2022). http://www.hattonhub.com profile ivylegrone15938960 profile You’re currently using a browser that our site doesn’t fully support. Yes, there are some casinos that still offer a free spins bonus on registration – no deposit required. All you need to do is sign up to claim your spins. Therefore, many gambling platforms include special bonuses for VIP players in the form of free spins in their bonus program. Each casino VIP program is different but usually has many benefits for players. There are usually several levels in each VIP program. When you go to the next level, you receive a bonus, which can be free spins.

  10. 40 Free Spins for Slots Empire Casino Bonus Code: AMALGAM 40 Free Spins for All players Wager: 35x(D+B) Max Cash Out: 30xD Expires on 2022-07-31 You can play: … Read more 25JUNGLE code is valid once for new customers only and has a maximum cashout of 3 times the free spins amount. The Wagering Requirements for the offer are x50 the winnings.The games included: Slots, Real-Series Video Slots, Keno, Scratch Cards, Board games. 1x playthrough requirement when taking part in with free cash, 20x when taking part in with deposit bonus. Deposit bonus launched as withdrawable in $10 increments. New and experienced on line casino gamers always have questions about free spins. We answer the most popular questions to higher help with your free spins expertise. Slots Empire Casino No Deposit Bonus Codes Get $5 Free Spins use Bonus Code: 5JUNGLE   https://idtop.us/forum/profile/merrykidwell969/ Blackjack has always been a game that a lot of people preferred over poker or slots, as the former is often too complex and challenging, while… You can email the site owner to let them know you were blocked. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Firstly, cryptocurrency transactions are much faster, so you will get your winnings in crypto casino much faster. Secondly, transaction comissions are almost zero. This is because you are not using a bank or any other 3rd party. And finally, you can enjoy the true privacy while playing at our crypto casino. Getwin uses anonymous accounts only, so your Privacy protection is ON by default. Setting up an account at an online Bitcoin casino site in Canada is a lot like any other online casino. As usual, players can choose from a variety of payment methods to deposit and withdraw funds, including a number of cryptocurrencies like Bitcoin. There is also an array of games that are catered to crypto casinos in general, which means at some online casinos you’ll find a dedicated section to ‘Bitcoin Games’. This is a great sign for the advancement and innovation of online casinos. The best part is that players can enjoy added security, speedy transactions, and so much more.

  11. What’s your favorite liner? Any new eye colors or trends you’re obsessed with right now? Share your recs in the comments below, and check out more of Allie’s reviews at miss-glambition.blogspot.com! Reviewer received an incentive in exchange for their honest opinion. The Physicians Formula Eye Booster 2-in-1 Lash Boosting Eyeliner + Serum retails for $10.99 at Ulta (BOGO50 on the Dark Brown right now) and $8.76 at drugstore.com. “Hypoallergenic. Fragrance free. Paraben free. Dermatologist approved. Safe for sensitive eyes and contact lens wearers.” – physiciansformula.com Current slide of – Top picked items Based In: Los Angeles, California Problem is, they're expensive (expect to pay $150+). And you have to lie there for two hours while they fiddle to get 'em on. I've got things to do! Places to go! Blogs to write! https://casualwiners.com/community/profile/olliemcmillen5/ If bright color is what you’re after, you’ll love this waterproof eyeliner pencil. It comes in a ton of shades from matte cobalt blue to sparkling hot pink that will set you apart from the crowd. Not only is it waterproof, it’s also formulated with hydrating ingredients like jojoba oil so you don’t have to worry about tugging on your eyelids. Safely pay with: A long-lasting liquid liner that comes with a fine tip to allow for precise application. Perfect for creating a defined eye or a bold, dramatic look. Superhero Liner creates an intense black and flawless line that won’t budge or smudge – no gaps or empty space! Combined with lash-loving superpower ingredients including Peptides, Collagen, Biotin, Keratin and Kaolin Clay, this liquid eyeliner truly transforms your eyes and saves the day!

  12. Walking up to a Las Vegas casino table game can be intimidating even for those who actually play once in a while–and especially for those who have never rolled the dice. The casino floor’s variety of fast-paced games, each with their own rules, minimums and tricks, can be confusing and overwhelming. But what if you could learn enough basics to play a few rounds and win big? Playing online roulette will in most cases involve playing European Roulette, which in short means playing with a single ‘0’. And that is beneficial for the player. The house edge here is only 2.7%, which is on the low side for an online casino game. It is therefore not surprising that online roulette is so popular in online casinos. The rest of the online game does not differ much from the popular table game that you know from the land-based casino. What is your goal? To predict where the ball will fall. https://franciscodvjy986431.blog2news.com/16359011/ace-card-in-blackjack *** For the impatient: The best Bitcoin poker room: Betonline Poker *** If you own any cryptocurrency you can play here. USDT (Tether) is most stable currency. Exchange crypto to USDT on any exchange platform and join our games now. Bitcoin and similar cryptocurrencies like Ethereum, Dash, and Litecoin have revolutionized the world of online poker payments thanks to its decentralized nature, low fees, lightning-fast speed, and anonymity. It’s arguably the single-best way to make a deposit and withdrawal these days on online poker sites. Furthermore, Bitcoin poker options have improved the way users are playing their favorite cash games online. Bitcoin poker sites offer a range of advantages over their counterparts. Thanks to the use of advanced technology, Bitcoin poker sites offer a completely safe and secure playing experience. The biggest advantages of such platforms are the fact that your identity will remain anonymous during the play. You need not submit any sensitive information, which essentially means that there is no chance of theft of personal data, identity, and other important information. These platforms are secured by new-age algorithms that have inbuilt safety mechanisms to thwart any threat of hacking, rigging, etc. All these virtues are very reassuring in nature and proving instrumental in taking the popularity of Bitcoin Poker sites to unprecedented levels.

LEAVE A REPLY

Please enter your comment!
Please enter your name here