Nigeria’s top-tier lenders, First HoldCo, UBA, GTCO, Access Corporation, and Zenith Bank (FUGAZ) collectively earned N4.8 trillion in interest income from investment securities within the first nine months of 2025. Data from financial statements filed with the Nigerian Exchange (NGX) show that the FUGAZ group’s total investments in government securities and treasury bills surged to N49.152 trillion, representing a 16.5% rise from N42.204 trillion […]
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