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The market valuation of 11 Nigerian banks stood at N7.90 trillion

Simon Osuji by Simon Osuji
January 14, 2025
in Business
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The market valuation of 11 Nigerian banks stood at N7.90 trillion
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This information as seen in the Punch newspaper, is according to Prices for Securities Traded on Monday.

Zenith Bank

The data revealed that Zenith Bank topped other banks with a market value of N1.47 trillion. The bank’s shares are presently valued at N46.85, representing a 1.85% rise.

Nigeria's GTBank

Following closely behind is Guaranty Trust Holding Company PLC which recorded a market cap of N1.71 tn. Its shares are priced at N58.00, down 0.09 percent.

UBA

With a market cap of, N1.16 trillion, the United Bank for Africa PLC boasts the third-highest figure. The price of its shares has dropped by 0.58 percent to N34.00.

FBN Bank Head Office

The market capitalization of FBN Holdings PLC stood at N1.02 trillion, and the share price is N28.50, reflecting a 5.63 percent decrease.

Access Bank

With a market valuation of N869.08 billion and shares trading at N24.45, Access Holdings PLC has seen a 0.20 percent fall.

Ecobank [DailyPostNigeria]

The market cap of the pan African bank, Ecobank Transnational Incorporated came in at N557.83 billion, and the share price is N30.40.

Fidelity Bank (PremiumTimes)

Other banks on the list include Fidelity Bank PLC, which is valued at N560.21 billion, with shares priced at N17.50. The bank showed a 0.29 percent drop.

Jaiz Bank

Also, Jaiz Bank PLC, which was mentioned 8th on the list had a market capitalization of N131.54 billion, and its shares are valued at N2.95. It grew by 1.72 percent.

Sterling bank

Sterling Financial Holdings PLC’s market capitalization stood at N166.98 billion, with shares trading at N5.80, up 0.52 percent, indicating good growth.

Customers using Unity Bank Plc ATM

Unity Bank PLC has a market capitalization of N17.65 billion, and its shares are valued at N1.51.

Wema Bank

Wema Bank PLC wraps up the list, having a market capitalization of N235.73 billion and shares valued at N11.00.

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