Zenith, GTBank, FBN, Access, UBA, Among Top 1000 Global Banks

'Dotun Akintomide
Writer
new-diplomat default image
new-diplomat default image

Ad

NUPENG dues is N7,000 not N54,000, By Owei Lakemfa

By Owei Lakemfa I have, given my experience as a retired labour leader, journalist, patriot and human rights activist, risen in the last few weeks to defend the fundamental rights of workers in the oil industry. I did this because I cannot fold my hands as Dangote Plc dumps huge funds on the mass and…

Ranked: Gas Prices Around the World in 2025

Key Takeaways Fuel prices in Hong Kong rank as the highest globally, at $3.07 per liter in 2025. Several European cities rank among the world’s most expensive for gasoline, driven by energy supply shocks. Riyadh, Saudi Arabia has seen the fastest price increase since 2020 across 69 cities analyzed, with fuel costs up nearly 49%.…

Oil Prices Edge Higher After Steep Two-Day Selloff

Oil prices recovered slightly in early Asian trading on Wednesday after two straight sessions of steep declines, as traders weighed the prospect of a larger OPEC+ output increase against signs of tighter U.S. crude inventories. At the time of writing, Brent futures for December delivery had climbed to $66.17 while WTI was trading at $62.50, up 0.21% on the…

Ad

Five Nigerian banks which included Zenith Plc, Guaranty Trust Bank Plc (GTBank), FirstBank Nigeria Limited, Access Bank Plc and the United Bank for Africa Plc, were ranked among The Banker Magazine’s 2018 1000 Global Banks, in a report released last night.

According to the ranking, Zenith Bank was placed first in Nigeria and 402nd bank in the world, showing that the financial institution moved 28 places up, compared with the 430th position it was placed last year.

In Nigeria, Zenith Bank was closely followed by GTBank as the second largest bank in Nigeria and 576th in the world.

Also, FirstBank was ranked the third in Nigeria and 592nd in the world.

Access Bank occupied the fourth position and was ranked 630th bank in the world, while UBA was placed fifth in Nigeria and 856th in the global ranking.

According to The Banker, Africa’s economic fortunes improved over the 2017 review period following a difficult couple of years in which lower commodity prices hit the performance of the continent’s largest markets.

“This slowly improving economic climate was reflected by the growth trajectory of Africa’s banks which have, across the board, posted relatively strong numbers in the 2018 Top 1000 World Banks ranking,” it stated.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp