- Some Nigerian banks have embarked on massive restructuring, which will affect their operations
- Specifically, these banks adopted subtle name changes to reflect their new directions
- First Bank, Sterling Bank, and Zenith Bank have all announced change of names recently
Nigerian banks are repositioning for more significant impacts, better product offerings, and higher returns on investment.
Apart from announcing several changes, the banks moved to solidify their leadership positions by changing names, branding, and operational structures.