Nigeria’s Banks Post Record Profits Amid Economic Struggles: A Deeper Look at the Impact of Currency Devaluation
In a year marked by economic volatility, including inflation, naira depreciation, and rising operational costs, Nigeria's largest banks have reported record-breaking profits for 2024. Zenith Bank, Guaranty Trust Holding Company (GTCO), United Bank for Africa (UBA), Stanbic IBTC, and Fidelity...
