The Nigerian economy performed better in 2019 compared to the 2018, especially in the final quarter of last year. In the first half of 2019, GDP growth rate levelled at two per cent against 1.8 per cent in 2018. Even in 2018, the Nigerian banking sector was adjudged the second largest fastest growing banking industry in the world. Its Return On Equity (ROE) more than doubles the six per cent achieved by banks in developed markets. Revenue of the top five lending banks; UBA, GTB, Access Bank, FBN Holdings and Zenith Bank for full year 2018 stood at N1.920 trillion while their profits after tax improved to N640.2 billion and this continued in 2019.