All sectorsSector intelligence
Banking & Financial Services
Nigerian banks rode the high-rate cycle to strong margins. As rates turn and recapitalisation reshapes the field, 2026 demands a pivot from rate-spread reliance to fee income, digital and disciplined deployment of fresh capital.
Indicator
MPR 26.5% (first cut Feb 2026)
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Sector NIMs expanded sharply through 2024–25
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Recapitalisation programme reshaping competitive field
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Digital payments deepening structurally
