Features of FUGAZ banking stocks.

These banking stocks are considered the Tier 1 banking institutions in Nigeria.
These stocks account for 85% of all banking revenue and profit on the Nigerian Stock Exchange (NGX).
These banking stocks account for 70% of the market share in the banking industry in Nigeria.
They are considered the too big to fail banks in Nigeria.
They have become the benchmark for quantifying the impact of fiscal and economic policies on the banking industry.