PREMIUM TIMES has announced the release of its maiden annual bank performance report.

The magazine, a painstaking coverage of Nigeria’s banking sector amid the COVID-19 crisis in 2020, was released in print Monday, the paper said.

It provides a compelling examination of how 14 listed commercial banks and five unlisted others performed in a year dominated by a devastating pandemic.

In addition to distilling banks’ financial reports to highlight their earnings, profits, assets and several other key parameters, the magazine addresses salient topics that reveal the banks’ struggle with Nigeria’s economic difficulties of that year.

There are also reports on the earnings of banks’ top officials and the gender imbalance on their boards.

“This is an industry flagship that provides unmatchable clarity on the defiance, successes, and failures of our lead financial institutions during one of Nigeria's most challenging economic years,” said Idris Akinbajo, PREMIUM TIMES managing editor.

“Our aim is to make it easier for readers to better understand the workings of an industry that plays a high-priority role in any country’s economic life.”