Mid-sized banks’ earnings surge 446% on FX gains, loan repricing

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Nigeria’s mid-sized banks reported a rise in earnings between 2021 and 2025, with combined gross earnings rising by 446.9 percent, according to data tracked by BusinessDay. The five banks analysed, FCMB Group, Stanbic IBTC Holdings Plc, Wema Bank, Sterling Holdco, and Ecobank Transnational Incorporated, collectively increased their gross revenue to N8.16 trillion in 2025 from […]

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