Lenders in Africa largest economy Nigeria have defy analysts expectation as first quarter (Q1) earnings surged amid Central Bank of Nigeria's (CBN) increase in interest rate and a slump in oil price that culminated in the devaluation of the naira. The cumulative total asset of tier one banks hits N
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp