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Bank Tier 1 Capital (Local Currency) in Nigeria

Source: Central Bank of Nigeria, Nigeria Deposit Insurance Corporation (Data for commercial banks only), IMF
Last Updated: July 26, 2023

Bank tier 1 capital reached NGN 3,490 bil in second quarter of 2021 in Nigeria, according to the National Central Bank. This is 1.66% less than in the previous quarter.

Historically, bank tier 1 capital in Nigeria reached an all time high of NGN 2,681,525 bil in 3Q2014 and an all time low of NGN 116 bil in 3Q2010.

Nigeria has been ranked 12th within the group of 66 countries we follow in terms of bank tier 1 capital.

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