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This is a list of commercial banks and other credit institutions with in Nigeria, as updated late 2024 by the Central Bank of Nigeria. [ 1 ] List of commercial banks
Union Bank of Nigeria: Financials Banks Lagos: 1917 Bank P A United Africa Company of Nigeria: Conglomerates – Lagos: 1931 Logistics, real estate, industrials P A United Bank for Africa: Financials Banks Lagos: 1949 Bank P A Wema Bank: Financials Banks Lagos: 1945 Bank P A Wemy industries: Consumer Personal goods Lagos: 1978 Personal hygiene ...
MTN Nigeria: Telecommunications 10,471 3 Airtel Nigeria: Telecommunications 6,903 4 BUA Cement: Cement 5,759 5 Nestle Nigeria: Agroindustry 2,658 6 BUA Foods: Agroindustry 2,575 7 Zenith Bank: Banking 1,691 8 Guaranty Trust Holding Company PLC: Finance 1,585 9 First Bank of Nigeria: Banking 1,070 10 Stanbic IBTC Holdings: Finance 1,064 11 ...
Union Bank of Nigeria; United Bank for Africa; Unity Bank plc; V. VFD Microfinance Bank; W. Wema Bank; Z. ... This page was last edited on 18 January 2020, at 21:13 ...
Ecobank Nigeria is a member of Ecobank, the leading independent pan-African bank, headquartered in Lomé, Togo, with affiliates in West, Central and East Africa.Ecobank, which was established in 1985, has grown to a network of over 1,000 branches, employing over 10,000 people, with offices in 32 countries including Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, the Central African ...
On 21 September 2018, Godwin Emefiele, the governor of the Central Bank of Nigeria announced in Lagos that the apex bank had revoked the operating licence of Skye Bank. [11] [12] [13] He also stated that the assets and liabilities of the bank would be taken over by a new entity, Polaris Bank [14] due to the inability of the Skye Bank's shareholders to adequately recapitalise the bank after the ...
Stanbic IBTC Holdings PLC. came alive as the result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007, then adopting a holding company structure in 2012 to comply with the revised regulatory framework advised by the Central Bank of Nigeria, requiring banks to either divest from non-core banking financial services or adopt a holdings’ company structure.
The bank was granted a regional banking license by the Central Bank of Nigeria in June 2016. [3] In 2024, the Central Bank of Nigeria approved the merger between Unity Bank and Providus Bank, with a stipulation that the newly formed entity will receive a N700 billion loan from the CBN to support its operations. [9]