- The list of Nigerian most valuable banks after the first quarter of 2023 has been revealed based on their market capitalization
- Zenith Bank and GT Bank are the most valued commercial banks on the Nigerian market maintaining their position from the start of the year
- First Bank is the only bank that saw its market value drop during the first quarter of 2023
Zenith Bank and Guaranty Trust Bank have emerged as Nigeria’s most valuable commercial banks for the first quarter of 2023 (January-March), based on their market capitalization.
As per data collected by Legit.ng from the Nigerian Exchange Group (NGX), Zenith Bank concluded March 2023 with a market capitalization of N811.60bn, an increase of N43 billion from its starting value of N767.64 billion.
