"Local Champions": UBA, Access banks missing from the list of Africa's biggest bank

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 It’s not good news for Nigerian banks which have failed to catch up in Africa.

According to a recently released ranking, banks in Nigeria are too small compared to their counterparts in other countries.

The list of biggest banks in Africa is from smaller countries.

Some Nigerian banks, despite their size in the country, have not been able to make it to the list Africa's biggest banks.

The biggest banks on the continent are located in Egypt and Kenya with over 30 banks followed by Uganda and Nigeria respectively.

South African banks dominate the list of Banks with some of them valued as high as $100 billion.


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