See Nigeria most valuable banks in 2024 amid CBN's new demand

  • Ten Nigerian banks have emerged as the most valuable on the Nigerian Exchange Limited (NGX) in 2024
  • The market value of the banks grew to N7.87 trillion in 2024, led by Guaranty Holdings Plc
  • The development comes amid recapitalisation demand of the Central Bank of Nigeria in the first quarter of 2024

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The market value of Guarantee Holding Company Plc (GTCo) and nine other banks in Nigeria increased to N7.87 trillion in 2024 as the market cap rose to N62.76 trillion on the stock market on the Nigerian Exchange Limited (NGX) in the outgone year.