₦airaland Forum

presiade:
No, I no be him disciple oh, but I know the character 🤣🤣🤣. We’re all BNSIL. “Sand me Assess sacond qotar result”

chimex38:
Lol.....market now starts 9:30am
Joke is on you

Slipped my mind

KarlTom:

You win. But I'm still watching you like a hawk.

The fact be say, he fit be you wey retire that character come create sboga give us.

Agbalowomeri:

SonofElElyonRet:
Slipped my mind

I thought so too.
It happens to us all...

@Omo Osi, I do not blame you. Nairaland.com denied me the right to reply, deleted my post, and banned me.
You are one of the Toxicus Delusionalis breed of Mr. Gringory.
Your partner in envy and hatred for the Nigerian nation had the temerity to threaten me. He missed road.
Both of you combined cannot withstand my intellectual assault. It has nothing to do with age, you are the blind Omo Osi who needs to grow up.
You haters of Nigeria who see no good in our indefatigable president, we left you and your crazy, rabid Toxicus Delusionalis fellows for too long.

You have even turned an investment platform into a political one, where you daily rain insults on our president.
Never in your miserable life should you ever comment on my posts again.

ositadima1:
@Mankind2024 was trying to quote your post, but it was taken down, probably by the Nairaland bot.

My question is: why resort to name-calling and insults if you're sure of what you're saying? Why not simply make your point clearly and back it up with facts?

If you fill your argument with insults and degrading remarks, how are you any better than the people you're arguing against?

I think you still need to grow as a person. Maybe another 10 years will help you reach maturity.

Mankind2024:
@Omo Osi, I do not blame you. Nairaland.com denied me the right to reply, deleted my post, and banned me.
You are one of the Toxicus Delusionalis breed of Mr. Gringory.
Your partner in envy and hatred for the Nigerian nation had the temerity to threaten me. He missed road.
Both of you combined cannot withstand my intellectual assault. It has nothing to do with age, you are the blind Omo Osi who needs to grow up.
You haters of Nigeria who see no good in our indefatigable president, we left you and your crazy, rabid Toxicus Delusionalis fellows for too long.

You have even turned an investment platform into a political one, where you daily rain insults on our president.
Never in your miserable life should you ever comment on my posts again.

Take it easy. Don't let the bots ban you again. Lol.

Delibrate mopping up of oando and vfd. One at a lower price, the other at a higher price.

UAC Nigeria announces board changes as Debola Badejo joins UPDC board
NAIRAMETRICS

UAC of Nigeria Plc has announced changes to its Board of Directors as its Group Investment Director, Mr. Adebolanle “Debola” Badejo, steps down to join the Board of UPDC Plc.

The development was disclosed in a notice filed with the Nigerian Exchange Limited (NGX) and signed by the Company Secretary, Ayomipo Wey.

According to the company, the move forms part of ongoing efforts to strengthen governance and strategic oversight across the Group.

UAC stated that the appointment aligns with its board renewal strategy aimed at bringing expertise that supports growth and value creation across its food, real estate, paints, and other operating businesses.

According to the notice, Badejo’s appointment to the UPDC Board became effective on July 13, 2026.

“Mr. Adebolanle Badejo (‘Debola’), Group Investment Director, has been appointed to the Board of UPDC Plc effective 13 July 2026 and will step down from the Board of UAC of Nigeria Plc,” the company stated.
Despite leaving the UAC Board, Badejo will remain a member of the Group’s Executive Committee and continue reporting directly to the Group Managing Director.

The company noted that the change will allow him to focus more closely on portfolio governance and value creation across UAC’s operating companies.

“The change will enable Debola to focus fully on portfolio governance and value creation across the Group’s operating companies. He will also continue to lead the Group’s mergers and acquisitions programme, oversee the divestment of non-core businesses, and drive capital allocation decisions for major strategic investments across the Group,” the notice added.
Expanding governance responsibilities
Beyond his new role at UPDC, Badejo will continue to serve on several boards within and outside the UAC Group.

He currently serves as a Non-Executive Director and Chair of the Risk Management Committee at Chemical and Allied Products (CAP) Plc; Non-Executive Director at C.H.I. Limited; and Non-Executive Director and Chair of the Risk and Governance Committee at DP World Logistics Limited.

He also holds board positions at Grand Cereals Limited, Livestock Feeds Plc, UAC Foods Limited, and UAC Restaurants Limited, where he chairs or serves on various governance, risk, audit, and human resources committees.

The Board thanked Badejo for his contributions as a director of UAC of Nigeria Plc and expressed confidence in his continued leadership across the Group.

About Adebolanle Badejo

Badejo is an investment executive with more than 18 years of experience spanning investment banking, private equity, and corporate leadership across Africa.

As Group Investment Director at UAC of Nigeria Plc, he leads the company’s investment strategy and capital allocation activities. Prior to assuming the role, he served as Chief Executive Officer of UAC Restaurants Limited.
Earlier in his career, he worked as a Principal at Themis Capital Management, where he helped execute strategic investments in high-growth African businesses, including the investment in UAC of Nigeria Plc.
He also held investment banking roles at Standard Bank in Johannesburg, where he worked on more than $2 billion worth of mergers, acquisitions, and capital market transactions across sub-Saharan Africa, and at Morgan Stanley in New York within its Natural Resources Group.
Badejo holds an MBA from Columbia Business School and a Bachelor of Science degree in Systems Engineering from the University of Virginia.

What you should know

The board changes come months after UAC of Nigeria completed the consolidation of its acquisition special purpose vehicle, UAC Food and Beverage Company Limited, into C.H.I. Limited.

The company described the move as an administrative step aimed at simplifying its corporate structure following the acquisition of the beverage company. UAC said the consolidation had no impact on operations, earnings, or shareholder interests.

According to the company, the special purpose vehicle was established solely to facilitate the acquisition of C.H.I. Limited and had no independent business operations. With the transaction completed, UAC said the vehicle was no longer required and was subsequently merged into the operating subsidiary.

Best performing commercial bank in Nigeria based on their numbers

The Nigerian banking industry demonstrated remarkable resilience in 2025, navigating regulatory changes and macroeconomic headwinds while continuing to attract investor confidence.

A major highlight of the year was the recapitalization exercise initiated by the Central Bank of Nigeria (CBN).

According to the CBN and confirmed by the Securities and Exchange Commission (SEC), 33 out of the country’s 37 banks raised a combined N4.65 trillion to meet the new minimum capital requirements, with approximately 72.6% of the funds sourced domestically.

During the year, the CBN also brought an end to all COVID-19-related regulatory forbearance and waivers. Banks were consequently required to fully recognize distressed assets, discontinue loan restructuring concessions, and regularize breaches of their Single Obligor Limits (SOL). This development led several institutions to increase provisions for non-performing loans, putting pressure on earnings.

Consequently, aggregate profit after tax (PAT) for the ten commercial banks under review declined by 11.9% year-on-year to N4.26 trillion. Despite the moderation in industry earnings, a number of banks delivered impressive performances across key indicators such as profitability, operational efficiency, balance sheet growth, capital adequacy, and customer acquisition.

This article ranks the best-performing Nigerian commercial banks in 2025 based solely on their audited financial results.

Industry View
Despite a challenging operating environment, the banking industry remained fundamentally resilient, although some prudential indicators weakened. According to CBN data, industry capital adequacy ratio (CAR) closed the year at 10.4%, within the regulatory thresholds for national and regional banking licences, but below the requirements for international banking operations.

Asset quality also deteriorated, with the industry’s non-performing loan (NPL) ratio rising to 8.12%, significantly above the regulatory benchmark of 5%. Likewise, return on equity (ROE) declined sharply to 19.1% from 40.03% recorded in the previous year, reflecting the impact of higher impairment charges following the withdrawal of regulatory forbearance.

Nonetheless, the ten banks considered in this analysis expanded their combined asset base by 14% to N196.8 trillion, while shareholders’ funds rose by 24% to N24.3 trillion. Despite increasing competition from digital and challenger banks, the institutions collectively attracted an additional N22.3 trillion in customer deposits and created N3.65 trillion in new loans, reaffirming the sector’s central role in financial intermediation.

Ranking methodology
The ranking is based exclusively on audited financial statements, annual reports, and investor presentations of ten indigenous conventional commercial banks listed on the Nigerian Exchange (NGX).

To provide a balanced assessment, the banks were evaluated across nine metrics spanning profitability, efficiency, solvency, growth, and shareholder returns. These indicators include: Profit after tax (PAT) growth; Asset growth; Return on average equity (ROAE); Customer deposit growth; Loan growth; Cost-to-income ratio; Non-performing loan ratio; Capital adequacy ratio; and Dividend payout ratio.

A weighted scoring methodology was adopted, with each metric assigned relative importance to arrive at the final rankings.

Here are the best-performing banks, judging by their numbers:

Leading banks by PAT growth
Analysis shows that the 10 banks recorded an aggregated 12% decline in PAT to N4.26 trillion, with massive declines from FBN Holdings and UBA Group, weighing on profit growth.

FCMB, Wema, and Sterling Bank led the list of PAT growth in 2025, compared to the previous year.

First position – FCMB (141%)
Second position – Wema Bank (+125%)
Third position – Sterling Bank (+75%)
Fourth position – Stanbic IBTC (69%)
Fifth position – Access Holdings (+16%)
Upshots: Meanwhile, Zenith recorded the highest profit of N1.04 trillion during the period, although a marginal increase compared to the previous year. Sterling Bank recorded the lowest PAT compared to the other banks.

Leading banks by total asset growth
The ten banks under consideration grew their total assets by 14% from N173 trillion recorded as of December 2024 to N196.8 trillion as of the end of 2025. Wema, Stanbic IBTC, and Access Holdings recorded the highest asset growth.

First position – Wema Bank (+41.2%)
Second position – Stanbic IBTC (+24.7%)
Third position – Access Holdings (+24.2%)
Fourth position – Fidelity Bank (+18.6%)
Fifth position – Sterling Bank (+10.4%)
Upshots: Access Holdings retains the bank with the highest balance sheet, with total assets of N51.6 trillion, accounting for 26% of the total books of the 10 banks under consideration.

Leading Banks by ROE
On average, the banks saw a massive decline in ROE compared to the previous year. Average ROE for the 10 banks dropped to 24% in 2025 from 31.7% and 26% recorded in 2024 and 2023, respectively. This was a result of declining profitability due to the halt of regulatory forbearance.

However, Wema Bank, Stanbic IBTC, and GTCO led the list of banks with the highest return on equity in the review period.

First position – Wema Bank (44.4%)
Second position – Stanbic IBTC (42.4%)
Third position – GTCO (28.3%)
Fourth position – Fidelity (24.4%)
Fifth position – FCMB (23.4%)
Upshots: In terms of the most improved bank based on ROE, FCMB led the chart, having increased its ratio from 12.7% in 2024 to 23.4% in 2025.

Leading Banks by Deposit Growth
Customer deposits to banks rose by 25% year-on-year in 2025 to N111.88 trillion compared to N89.6 trillion recorded as of the beginning of the year. Access Holdings recorded the fastest growth in deposit mobilization, followed by Stanbic IBTC.

First position – Access Holdings (+53.4%)
Second position – Stanbic IBTC (+45.3%)
Third position – Wema Bank (30.3%)
Fourth position – GTCO (+25.3%)
Fifth position – Sterling Bank (+18.5%)
Upshots: Access Holdings also led the list in terms of largest deposits, with N34.6 trillion, having grown its books from N22.5 trillion in the previous year.

Leading Banks by Loan Growth
The ten commercial banks increased their net customer loans by N3.6 trillion in the review year, to close at N55.01 trillion, representing an increase of 7.1%. This is significantly lower than the N14.8 trillion it gave out as net loan in the previous year.

Despite a cautious approach to credit creation, Wema Bank, Sterling Bank, and Access Holdings led the rankings by loan growth.

First position – Wema Bank (+44.7%)
Second position – Sterling Bank (+28.02%)
Third position – Access Holdings (+16.1%)
Fourth position – GTCO (+12.4%)
Fifth position – Zenith Bank (+4.9%)
Upshots: In terms of the largest loan books, Access Holdings leads with N13.34 trillion, followed by Zenith Bank with N10.4 trillion.

Leading Banks by Cost-to-Income Ratio
Cost-to-income ratio for the considered banks rose slightly to 49.9% from 49.3% recorded in the previous year. GTCO recorded the lowest cost optimization ratio at 28%, followed by Stanbic IBTC at 37%. Meanwhile, Sterling Bank recorded the highest CIR.

First position – GTCO (28%)
Second position – Stanbic IBTC (37%)
Third position – Wema Bank (47%)
Fourth position – Access Holdings (52%)
Fifth position – Zenith Bank (53%)
Upshots: Despite the elevated cost ratio, it is worth noting that Sterling Bank and Wema Bank saw their CIR drop by 10.5% and 9%, respectively, in contrast to the previous year.

Leading Banks by Capital Adequacy Ratio
Most of the banks maintained a relatively healthy capital adequacy ratio by the end of the year, with the average CAR closing the year at 22.06%, slightly lower than the 22.63% recorded in the previous year.

GTCO recorded the highest CAR at 43.82%, while FBN Holdings recorded the lowest following a significant slump.

First position – GTCO (43.8%)
Second position – Wema Bank (28.1%)
Third position – Zenith Bank (25.3%)
Fourth position – UBA (23.2%)
Fifth position – Access Holdings (21%)
Upshots: Following the capital raise endeavour, several of the banks were able to meet the new minimum capital threshold as stated by the CBN; however, the CAR for the banks varied, with FBN having a CAR of 10.95%, a decline from 17.32% in the previous year.

Leading Banks by NPL Ratio
The NPL ratio of the ten banks remained elevated slightly above the prudential limit of 5%; however, with varying performances across the board.

Fidelity Bank recorded the lowest NPL ratio as of the end of the year, with 2.4%, followed by Access Holdings with 2.82%.

First position – Fidelity Bank (2.4%)
Second position – Access Holdings (2.8%)
Third position – Stanbic IBTC (3.4%)
Fourth position – Zenith Bank (3.8%)
Fifth position – Sterling Bank (4.7%)
Upshots: Out of the ten banks, seven of them were able to reduce their non-performing loan ratio from the previous year, while the remaining three banks saw an increase. UBA’s NPL ratio increased by 2.1% points, FBN Holdings by 1.8%, and Access Holdings by 0.04%.

Leading Banks by Dividend Payout Ratio
Due to the muted profitability of some of the banks in 2025, only six banks declared dividends to their shareholders for the financial year. However, some of the banks increased their dividend payments.

GTCO, Zenith Bank, and Stanbic IBTC led the list by dividend payout ratio.

First position – GTCO (50.2%)
Second position – Zenith Bank (39.5%)
Third position – Stanbic IBTC (27.5%)
Fourth position – Wema Bank (17.5%)
Fifth position – FCMB (8.8%)
Upshots: While some of the banks could not declare dividends in 2025 due to the need to account for impaired loans, there is a possibility for them to declare interim dividends in H1 2026, in a bid to calm market sentiments.

Bottom Line

The 2025 financial year was one of transition for Nigerian banks. The end of regulatory forbearance, tighter prudential requirements, and the ongoing recapitalization exercise placed pressure on profitability and asset quality.

Yet, the sector demonstrated remarkable resilience, with most banks strengthening their capital positions, expanding balance sheets, and continuing to attract deposits despite a more competitive landscape.

While size remains an important factor, the rankings show that sustainable performance is increasingly being driven by a combination of profitability, efficiency, balance sheet strength, and prudent risk management.

As the recapitalization exercise concludes and macroeconomic conditions gradually stabilize, banks that combine strong capital buffers with disciplined execution and superior customer experience are likely to be best positioned to deliver long-term value to shareholders and customers alike.

Mankind2024:
@Omo Osi, I do not blame you. Nairaland.com denied me the right to reply, deleted my post, and banned me.
You are one of the Toxicus Delusionalis breed of Mr. Gringory.
Your partner in envy and hatred for the Nigerian nation had the temerity to threaten me. He missed road.
Both of you combined cannot withstand my intellectual assault. It has nothing to do with age, you are the blind Omo Osi who needs to grow up.
You haters of Nigeria who see no good in our indefatigable president, we left you and your crazy, rabid Toxicus Delusionalis fellows for too long.

You have even turned an investment platform into a political one, where you daily rain insults on our president.
Never in your miserable life should you ever comment on my posts again.

Lamba King.you forget to attach your usual useless AI generated picture
Please do that now

Wow Seplat is green today. Incredible after a long time.

Apparently, Mr Badazz was SCAMMED by Lobbyists who assured him that the pardon was GUARANTEED.
As long as he PAID the $600k.

They told him they had direct ACCESS to Speaker Johnson himself.
Johnson is DENYING the allegations.

Mr Badazz is asking for a REFUND from the Lobbyists.

You need to outgrow the envy and reflexive toxicity fueling your delusions. Nigerians see right through the hype, they know your idol is just the 'General of Lamba.' Lest we forget, he literally cursed his own political career when he said: 'The day I leave APGA, let me become politically irrelevant.'"

Streetinvestor2:
Lamba King.you forget to attach your usual useless AI generated picture
Please do that now

How much is a unit of Mr Badazz? 😏😏

Namaster:
Apparently, Mr Badazz was SCAMMED by Lobbyists who assured him that the pardon was GUARANTEED.
As long as he PAID the $600k.

They told him they had direct ACCESS to Speaker Johnson himself.
Johnson is DENYING the allegations.

Mr Badazz is asking for a REFUND from the Lobbyists.

Mankind2024:
@Omo Osi, I do not blame you. Nairaland.com denied me the right to reply, deleted my post, and banned me.
You are one of the Toxicus Delusionalis breed of Mr. Gringory.
Your partner in envy and hatred for the Nigerian nation had the temerity to threaten me. He missed road.
Both of you combined cannot withstand my intellectual assault. It has nothing to do with age, you are the blind Omo Osi who needs to grow up.
You haters of Nigeria who see no good in our indefatigable president, we left you and your crazy, rabid Toxicus Delusionalis fellows for too long.

You have even turned an investment platform into a political one, where you daily rain insults on our president.
Never in your miserable life should you ever comment on my posts again.

Oga, all your posts here have derailed the purpose of the Forum.

This is purely an Stocks Exchange investment forum, and you have not made any sensible posts concerning investment here.

Personal attacks using derogatory words, terms, insults, graphics etc not necessary in this forum.
Let's disagree or agree based on principles, facts, opinions etc. But no need going too personal. It helps no one

Mankind2024:
You need to outgrow the envy and reflexive toxicity fueling your delusions. Nigerians see right through the hype, they know your idol is just the 'General of Lamba.' Lest we forget, he literally cursed his own political career when he said: 'The day I leave APGA, let me become politically irrelevant.'"

I was expecting envy on my achievement..lamba king
A new Nigeria is possible under obi.How does that translate to hating naija.
It is on record that na my type love this country pass as i no believe in japa.That is why this drug baron and the criminality must end now.Yes in my own generation and not next

Mankind2024:
@Omo Osi, I do not blame you. Nairaland.com denied me the right to reply, deleted my post, and banned me.
You are one of the Toxicus Delusionalis breed of Mr. Gringory.
Your partner in envy and hatred for the Nigerian nation had the temerity to threaten me. He missed road.
Both of you combined cannot withstand my intellectual assault. It has nothing to do with age, you are the blind Omo Osi who needs to grow up.
You haters of Nigeria who see no good in our indefatigable president, we left you and your crazy, rabid Toxicus Delusionalis fellows for too long.

You have even turned an investment platform into a political one, where you daily rain insults on our president.
Never in your miserable life should you ever comment on my posts again.

Na wa ooo.
Tinubu himself (as a grown up politician and ex-governor) was criticizing, even insulting a sitting president of Nigeria by calling him a ''drunken fisherman''
But now, no one should criticize the person who criticized former presidents? I don't get it.
But it is okay (not to drag it further)

PFIPC Scandal Widens As Atiku Queries ₦6.44bn World Cup Budget


The former Vice President also linked the PFIPC controversy to what he described as questionable provisions in the 2026 Appropriation Act, drawing attention to an allocation of ₦6.44 billion for a “Special Presidential Support Group for the 2026 World Cup Qualifiers.”

“How does a government budget ₦6.44 billion for World Cup qualifiers after Nigeria had already been eliminated? Who inserted the provision, who approved it, and what was the intended purpose of the allocation?” Atiku queried.


https://www.nairaland.com/8709992/pfipc-scandal-widens-atiku-queries

What will q2 results bring to ngx.will it be bull or bear. Abi the prices has already been priced into stocks for 2026
I believe it will bring selective bull in some stocks.
Na thr my hope dey with wale and sugar
Don't forget our oga equally said wapco go surprise us with heavy interim dividend
I see ote doing likewise in FBNH
Na end of this month be dead line for q2 results by normal regulation

Oga, while not supporting his use of foul language, i dont see you calling the other folks to order. You have those who have continiously insulted everyone in the name of politics. Even boasting that no one can call him to order. Where were you then? Call them to order too and lets keep this place, strictly for stocks and small banter.

OBAGADAFFI:
Oga, all your posts here have derailed the purpose of the Forum.

This is purely an Stocks Exchange investment forum, and you have not made any sensible posts concerning investment here.

mikeapollo:
PFIPC Scandal Widens As Atiku Queries ₦6.44bn World Cup Budget


The former Vice President also linked the PFIPC controversy to what he described as questionable provisions in the 2026 Appropriation Act, drawing attention to an allocation of ₦6.44 billion for a “Special Presidential Support Group for the 2026 World Cup Qualifiers.”

“How does a government budget ₦6.44 billion for World Cup qualifiers after Nigeria had already been eliminated? Who inserted the provision, who approved it, and what was the intended purpose of the allocation?” Atiku queried.


https://www.nairaland.com/8709992/pfipc-scandal-widens-atiku-queries

When was the budget drafted? Do you think money is released for everything budgeted for? At this rate, you just dey post anything postable. It is no longer constructive criticism. Make una stop political posts abeg. Maybe when Q2 begin drop sha

H

Agbalowomeri:
When was the budget drafted? Do you think money is released for everything budgeted for? At this rate, you just dey post anything postable. It is no longer constructive criticism. Make una stop political posts abeg. Maybe when Q2 begin drop sha

Why are you asking me questions that should be answered by the people who drafted the budget?
Did you see any comment by me? I only posted what is already in the news, and you are directing questions at me?
Has the govt been able to answer questions on how a so-called ''fake agency'' got approved budget allocation, expenditure and office allocation at the federal secretariat?
Better ask the govt to be more meticulous and transparent than be always edgy, apprehensive and defensive when news on scandals and allegations break!

mikeapollo:
Why are you asking me questions that should be answered by the people who drafted the budget?
Did you see any comment by me? I only posted what is already in the news, and you are directing questions at me?
Has the govt been able to answer how a so-called ''fake agency'' got approved budget allocation, expenditure and office allocation at the federal secretariat?
Better ask the govt to be more meticulous and transparent than be always edgy, apprehensive and defensive when news on scandals and allegations break!

You posted something means you believe it
When the budget was passed, Nigeria was still in the world cup conversations. That is why I fault your post

Agbalowomeri:
When was the budget drafted? Do you think money is released for everything budgeted for? At this rate, you just dey post anything postable. It is no longer constructive criticism. Make una stop political posts abeg. Maybe when Q2 begin drop sha

You see part of the criminality problem. This budgets are sometimes not presented to this elected member or get to them just a day before it is passed. They just announce it and senate president and his house leader just pass it without proper scrutiny by members
I think they should start publishing the budgets in our dailies for like a month before the budgets is passed so that Nigerians go follow read the things in it before the president signs it into law

Streetinvestor2:
You part of the criminality problem. This budgets are sometimes not presented to this elected member or get to them just a day before it is passed. They just announce it and senate president and his house leader just pass it without proper scrutiny.
I think they should start publishing the budgets in our dailies for like a month before the budgets is passed so that Nigerians go follow read the things in it before the president signs it into law

Your point is not related to the argument on ground. The poster highlighted that Nigeria did not go to world cup whereas a budget line was inserted in the budget for world cup. As at March/April this year, Nigeria was still in court for world cup qualification so it is not a good argument.

Lwkd...na so you no get work reach
Na AI u dey use come up with those portfolio achievements. You see why I said in my post today that I discovered in your write up that somethings are imagined thought or dreams wished.
So I wasn't wrong to withdraw my opinion as DD was not done