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The above data shows that, Access bank is the largest bank in Nigeria by total asset as of H1 2022 with13.199trillion, while sterling bank was the lowest among the listed largest bank in Nigeria by total asset with 1.814trillion as of H1 2022

Access bank, Zenith Bank, FBN holdings maintained the top spot as the largest banks in Nigeria based on the value of their total assets as of the first half of 2022. Data compiled by naira lytics the research arm of naira metrics shows the top five banks were the major tier- 1 financial institution typically referred to as the FUGAZ, which is an acronym used to represent. 

First bank 

UBA bank 

GTCO bank

Access bank 

Zenith Bank.

The top five banks accounted for 80.5 % of the total assets of the industry.

Breakdown of the data shows that d increase in the total assets of the banks was largely attributed to rises in customer loans .

Although union Bank recorded a decline in it’s total assets in the period under review stanbic IBTC recorded the highest increase with a 14. 8% increase to stand at N3.15 trillion from N 2.74 trillion as of the beginning of the year 2022.

The top ten (10) banks as of H1 2022 are; (1) Access Bank with assets of# 13.199trillion. (2) Zenith with assets of #10.115trillion. (3) FBN holding with assets of #9.526trillion. (4) UBA with assets of #8.999trillion. (5) GTco with assets of #5.689trillion. (6) Fidelity with assets of 3.693trillion. (7) Stanbic IBTC with assets of #3.149trillion. (8) FCMB with assets of #2.653trillion. (9) Union with assets of #2.541trillion. (10) Sterling with assets of #1.814trillion.

The total assets of ZENITH BANK is over N10.110trn only.

The total assets of other banks are -:

• N3.149TRN

• N3.693TRN

• N2.653TRN

• N2.541TRN

• N1.814TRN

Above are the total assets of different Banks.