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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
In January 2024, Yetunde was appointed by the Central Bank of Nigeria as the Managing Director/CEO of Union Bank of Nigeria. Mrs. Oluyinka Abimbola Morgan – Non-Executive Director. Mrs Oluyinka Abimbola Morgan is a versatile and accomplished professional with 39 years of experience in audit, banking, real estate, consulting, and entrepreneurship.
The operation of the Treasury Single Account in Nigeria has not been without controversies. On Tuesday, 10 November 2015, Dino Melaye, a Nigerian senator representing Kogi West, raised a motion that the operation of the treasury single account (TSA) be investigated for possible corruption. He claimed that "the appointment of REMITA, an e ...
Wema Bank Plc is a Nigerian commercial bank.It is licensed by the Central Bank of Nigeria; the regulator of the nation's banking sector. As of 2019, Wema bank operates the largest digital banking system in Nigeria, ALAT By Wema, which is fully in use in all of the nation's thirty six states and the Federal Capital Territory
FBNBank Guinée (filiale First Bank of Nigeria) International Commercial Bank; NSIA - Oorabank; Skye Bank Guinée [45] SGBG - Société Générale de Banque en Guinée; UBA - (United Bank for Africa - subsidiary of United Bank for Africa) Vistabank
The loan will be used to pay off Unity Bank’s N303.7 billion obligations, while the remaining N392.3 billion would be invested in a 20-year FGN bond and would qualify as tier-2 capital for the entity. This merger was the first merger in Nigeria since Access Bank and Diamond Back in 2019 [10]
SunTrust was incorporated and founded in 2009 by Chief Executive, Muhammad Jibrin Barde as a mortgage bank and later converted to a commercial Bank. It was granted a regional commercial banking license by the Central Bank of Nigeria in November 2015, being the first commercial bank to receive a banking license since 2001, bringing the total of licensed commercial banks in Nigeria, at that time ...
As at the time of Parallex Bank's transitioning, it left behind 875 Microfinance Banks in Nigeria, out of which 9 have national licenses, 98 operate at state level, and 768 operate as Unit Microfinance Banks. [3] In 2021, Mr. Femi Bakre was appointed as managing director of Parallex Bank. [4]