FUGAZ Banks — FY2025 Full Year Financial Performance Analysis
Cede Research Team
Treasury Digest 11 May 2026
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FUGAZ Banks — FY2025 Full Year Financial Performance Analysis
FY2025 with a combined Profit After Tax of ₦3.1 trillion($2.03bn), down from ₦4.1 trillion($2.79bn) in 2024, as the CBN's new provisioning directive and a normalising rate environment began to weigh on earnings across the banking sector.
Which of the FUGAZ is the most profitable? Who holds the largest balance sheet? And which runs the most efficient operation?
Our latest Treasury Digest breaks down the numbers. From profitability and efficiency rankings to asset quality risks, equity landscape, alongside the latest money market updates and foreign exchange trends across Nigeria, Kenya, and Ghana.
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