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 Incorp
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
