Zenith Bank now the largest in Nigeria, overtakes First Bank



Zenith Bank Nigeria PLC has just overtaken First Bank PLC as the largest bank in Nigeria.

The data is based on both bank’s financial reports which showed that Zenith Bank’s total asset base is now NGN4.9 trillion compared to FBN Holdings’ NGN4.8 trillion total asset base.

As seen on this table, Zenith Bank took over the position with a slight margin and either of FBN Holdings or Zenith might take the lead at by the time they both disclose their financials for the third quarter of the year.

Looking at these data from another angle, Ecobank, registered as Eco Transnational Incorporated, ETI, is the largest financial services group in West Africa and not in Nigeria. This is because of its asset base aggregates all the asset position of its pan-African spread and its other subsidiaries.

The table also showed a list of their liabilities to further have a deeper view of things.

Note that there some bank’s asset were based on their last financial reports. This list will be updated from time to time as soon as all results are released.


Check the below data for details.

Comments :

Naija Startup Pitch

Naija Startups: Gigfisher — outsource projects to freelancers within Nigeria

Gigfisher is an online platform built for project owners and freelancers to connect and collaborate. The platform serves as a marketplace where seekers of services such as that web development, designs, sales, marketing and more could reach those offering them. Freelancers having specialisation in distinct fields can sign up on the platform.


Launched in February 2017,  by Joseph Ogbonnaya, the platform has Omoyeme Abumere as its media strategist. Many freelancing websites — among which are Asuqu.com and Jolancer.com —  already exist in Nigeria. Nevertheless, Joseph intends to lead in the space. We aim at becoming a top-of-the-mind brand for anyone who has a project whether mini and/or macro ranging from basic everyday projects like getting a plumber fix your tap, designing a logo or even making your hair this weekend to design/programming a website, writing a copy, producing a jingle etc. Gigfisher basically caters for the need of service seekers in Nigeria. You may visit the website t…