The main objective of this report, Business and Sustainable Development in Nigeria: The case of the Banking Industry, (2019) is to present a business-relevant resource on corporate sustainability practices in Nigeria’s banking industry. It is a practical resource for banks, business executives, investors, market analysts, regulators, academics and the public.
The report is designed to provide information on sustainability trends, efforts to address sustainable development in the banking industry, as well as related challenges and opportunities. This edition of the study looks at the sustainability trajectory of Nigeria’s Deposit Money Banks (DMBs), otherwise referred to as commercial banks, from the introduction of the Nigerian Sustainable Banking Principles (NSBPs) in 2012 until 2019.
This report was produced by the Lagos Business School Sustainability Centre team: Prof Chris Ogbechie, Dr Ijeoma Nwagwu, Oreva Atanya, Kingson Elendu and Jude Obidiagha. It was supported by Oseghale Ehilen and Angela Omiyi. Dr Franklin Nwgu provided technical support on the research.