Nigeria’s biggest banks are seeing a fresh resurgence in customer lending, with combined loans nearing N42 trillion in the first nine months of 2025, driven largely by a more accommodative monetary policy stance and early signs of renewed credit appetite across key sectors of the economy. BusinessDay’s analysis of the financial statements of Zenith Bank, GTCO, FBN Holdings, UBA, and Access Holdings shows that aggregate customer loans rose 2 percent from the N41.3 trillion recorded in the same period of 2024 and 5 percent above the full-year
Nigeria’s biggest banks are seeing a fresh resurgence in customer lending, with combined loans nearing N42 trillion in the first nine months of 2025, driven largely by a more accommodative monetary policy stance and early signs of renewed credit appetite across key sectors of the economy. BusinessDay’s analysis of the financial statements of Zenith Bank, GTCO, FBN Holdings, UBA, and Access Holdings shows that aggregate customer loans rose 2 percent from the N41.3 trillion recorded in the same period of 2024 and 5 percent above the full-year