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Nigeria

Bank Concentration

82.05
percent of nationwide bank assets
Source: IMF

Global Ranking

69
Slovenia85.64
70
Nicaragua84.94
71
Guyana84.31
72
Mauritania82.74
73
Kuwait82.29
74
Nigeria82.05
75
Guinea81.69
76
Cape Verde81.52
77
Portugal80.96
78
France80.87
79
Burundi80.5

Africa Ranking

17
Malawi88.34
18
Zambia87.01
19
Gambia86.37
20
Swaziland85.82
21
Mauritania82.74
22
Nigeria82.05
23
Guinea81.69
24
Cape Verde81.52
25
Burundi80.5
26
Madagascar78.72
27
Benin75.01

Definition of Bank Concentration

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.

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