Nigeria is a West African country. It is the fifth-biggest Muslim country in the world. The country got a stable democracy in 1990 from military dictatorships. The Federal Republic of Nigeria is its official name. Its border country is Chad, Cameroon, Benin and Niger. Nigeria is the seventh most populous country in Africa. The Central Bank of Nigeria (CBN) is the central monetary authority of Nigeria. Nigerian central bank started its operation in 1959. The central bank headquarter is located in Abuja, Nigeria. CBN controls the banking operations and economical organizations in Nigeria to ensure standard banking stability. In this post, you will get all links and information about Banks in Nigeria.
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The Central Bank of Nigeria (CBN)
At a glance The Central Bank of Nigeria (CBN) all Information
Headquarters: Abuja, Nigeria
Ownership: 100% owned by Nigerian Federal government
Governor: Godwin Emefiele
Central bank of Nigeria
Currency: Nigerian naira
Reserves: 28 280 million USD
List of all Banks in Nigeria
There are 30 banks are operating in Nigeria. Banks in Nigeria are focused on private banking, corporate and investment banking, retail and SME banking and other services. Here you will get banks to list under the central bank of Nigeria. You can go through the site for your need.
Commercial banks with International Authorization in Nigeria
- Access Bank Plc
- Fidelity Bank Plc
- First City Monument Bank Limited
- First Bank of Nigeria Limited
- Guaranty Trust Bank Plc
- Union Bank of Nigeria Plc
- United Bank for Africa Plc
- Zenith Bank Plc
Commercial banks with National Authorization in Nigeria
- Citibank Nigeria Limited
- Ecobank Nigeria Plc
- Heritage Banking Company Limited
- Keystone Bank Limited
- Polaris Bank Limited
- Stanbic IBTC Bank Plc
- Standard Chartered
- Sterling Bank Plc
- Titan Trust Bank Limited
- Unity Bank Plc
- Wema Bank Plc
Commercial banks with Regional Authorization in Nigeria
Non-interest banks in Nigeria
Microfinance Banks in Nigeria
Merchant banks in Nigeria
- Coronation Merchant Bank
- FBNQuest Merchant Bank
- FSDH Merchant Bank
- Rand Merchant Bank
- Nova Merchant Bank
For those who consider a career in the banking sector in Nigeria, this is the top list of banks in Nigeria is very helpful on where to start. To get more information, please refer to our list of financial institutions in Nigeria.
Zenith Bank The bank operates a comprehensive network of more than 500 branches and some representative offices in Ghana, South Africa, Gambia, Sierra Leone, the United Kingdom, UAE and China. There are approximately 7000 employees serve more than 1.6 million customers. The bank was established in 1990 and offers corporate and investment banking, retail and SME banking, foreign exchange and other trade services.
Guaranty Trust Bank (GTBank) The Guaranteed Trust Bank (GTBank) was established in 1990 and started business in 1991. The bank headquarters is in Lagos. There are approximately 6500 employees serve more than 8 million customers. GTBank also provides retail, corporate, investment banking with internet banking. The bank has a network of 220 branches, 1170 ATMs. Several branches are in the African region and the United Kingdom.
First Bank of Nigeria FirstBank was established in 1894 and became a listed company in 1970. The company joined the Nigeria Stock Exchange in 1971. The bank subsidiaries in West African countries and the United Kingdom. There are more than 7000 employees are working with 760 branches and more than 2600 ATMs.
Ecobank Nigeria Nigerian Eco Bank was established in 1986 and is a subsidiary of Pan-African group Inc. It serves mainly three segments: wholesale banking, retail banking and warehouse and financial institutions. The bank presently supervises 600 branches in Nigeria.
United Bank for Africa it is one of the oldest banks in Nigeria which was established in 1949. Formerly, the bank is known as British and French Bank Limited (BFB), later it was renamed the United bank of Africa. The bank has approximately 12500 employees serves more than 14 million customers worldwide. It has a network of 1000 branches, 13500 POS terminals and 1750 ATMs.
Union Bank of Nigeria Established in 1917, Union Bank of Nigeria was originally a colonial bank, providing retail and commercial services to individuals, small and medium enterprises and large companies. After it became a wholly-owned entity in Nigeria, it adopted its current name and complied with the Companies and Joint Matters Act of 1990. The bank currently has more than 2,700 employees and serves 4.3 million customers through a network of 300 sales and service centers, more than 950 ATMs and 7,000 active POS terminals.
Fidelity Bank Fidelity Bank was established in 1987, and its commercial bank opened in 1988. In 1999 the bank became a commercial bank and two years later it obtained a general banking license. The bank provides a wide range of financial products and services to individual and corporate customers, with its strategic focus on retail and e-banking, SME and niche corporate banking. The bank supervises 240 branches, 775 ATMs and 4,100 POS terminals.
These are the best and selected banks in Nigeria. You can visit the site to gather more information. All links and official information are included herewith.