Financial and investment experts have said listed Nigerian banks are trading at huge discount relative to their emerging counterparts.
But in their Its Banking Industry Report, FSDH Research said out of the 13 banks analysed based on their audited 2015 results, 10 have upside potential for equity investors.
The economic and financial headwinds in the country affected the performance of some banks for the 2015 financial year and six months to June 30, 2016.
The experts said despite the recent challenges, there are huge banking opportunities in the Nigerian economy.
