For every ₦1 Nigerian banks lent consumers, corporates got ₦10 

This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops every Monday.

Four of Nigeria’s biggest banks held ₦89.94 trillion ($65.63 billion) in customer deposits in 2025. Much of that money came from the millions of retail customers who save,…