– List of Banks in Nigeria 2022 –
Full List of Banks in Nigeria 2022: This page will guide you on the updated list of recognising banks in Nigeria 2022 and their official websites. Take your time and read through it carefully.
Banking in Nigeria has now become a smoother process due to the massive restructuring of the industry in recent years.
You no longer have to worry that you would put your money in a bank and return home living in constant fear, not knowing if your money will disappear.
Among all the popular banks in the country, the (CBN) is chief among them. The Central Bank is referred to as the Bank of Bankers.
The CBN controls and monitors the activities of the other banks. It is a regulatory body too for these banks and other financial institutions in Nigeria.
Aside from those, there are also banks that are given commercial banking license with regional authorisation by the CBN. Jaiz Bank is the only bank in Nigeria having a non-interest banking license with national authorisation.
Some banks are having a merchant banking license with national authorisation, while some other financial institutions are operating as financial holding companies in Nigeria.
Full List of Banks in Nigeria Today
The list below will give you the names, address and operations of the various banks in Nigeria.
1. ACCESS BANK:
Access Bank plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. The Central Bank of Nigeria, the national banking regulator licenses it.
This bank later bought or gained Intercontinental Bank. Their headquarters is at 999c, Danmole Street, Off Idejo Street, Off Adeola Odeku Street, Victoria Island, Lagos. They have a commercial banking license with international authorization.
Websites –
2. CITIBANK:
Citibank is the consumer division of financial services multinational Citigroup. Also, Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York.
They have their headquarters at 27, Kofo Abayomi Street, Victoria Island, Lagos. They have a commercial banking license with national authorization.
Websites –
3. DIAMOND BANK:
Diamond Bank Plc., is a Nigerian multinational financial service provider. They are located at Plot 1261, Adeola Hopewell Street, Victoria Island, Lagos. They have a commercial banking license with international authorization.
Websites –
4. ECOBANK NIGERIA:
Ecobank Nigeria Plc, commonly referred to as Ecobank Nigeria, is a commercial bank in Nigeria. It is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator. They gained Oceanic Bank at a point.
Their head office is located at 21, Ahmadu Bello Way, Victoria Island, Lagos. They have a commercial banking license with national authorisation.
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5. ENTERPRISE BANK LIMITED: It was formerly Spring Bank.
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6. FIDELITY BANK NIGERIA:
Fidelity Bank, also known as Fidelity Bank Plc., is a commercial bank in Nigeria. The Central Bank of Nigeria, the central bank and the national banking regulator licensed as a commercial bank, it.
Their head office is located at 2, Kofo Abayomi Street, Victoria Island, Lagos. They have a commercial banking license with international authorization.
Websites –
7. FIRST BANK OF NIGERIA:
First Bank of Nigeria, sometimes referred to as First Bank, is a Nigerian multinational bank and financial services company headquartered in Lagos.
Also, they are located at Samuel Asabia House, 35 Marina, Lagos. They have a commercial banking license with international authorization.
Websites –
8. FIRST CITY MONUMENT BANK:
First City Monument Bank Ltd is a full-service banking group, headquartered in Lagos, with the vision ‘to be the premier financial services group of African origin’.
The bank acquired Fin Bank at a point. Their head office is located at Primose Towers, 17a, Tinubu Street, Lagos. They have a commercial banking license with international authorization.
Websites –
9. FSDH Merchant Bank:
It is a Merchant Bank. Their head office is located at UAC House, 5th-8th Floor, 1/5 Odunlami Street, P.M.B 12913, Lagos. They have a merchant bank license with national authorization.
Websites –
10. GUARANTY TRUST BANK (GT Bank):
Guaranty Trust Bank plc also known as GTBank or simply GTB is a Nigerian multinational financial institution, that offers Online/Internet Banking, Retail Banking, Corporate Banking, Investment Banking and Asset Management services, with its head office in Victoria Island, Lagos.
It is a commercial bank. Their head office is located at 635, Akin Adesola Street, Victoria Island, Lagos. They have a commercial banking license with international authorization.
Websites –
11. HERITAGE BANK PLC.:
Heritage Bank Plc., now known as Heritage Bank Plc., but often referred to as Heritage Bank, is a commercial bank in Nigeria.
Their head office is located at 292b, Ajose Adeogun Street, Victoria Island, Lagos. They have a commercial banking license with national authorization.
Websites –
12. KEYSTONE BANK LIMITED:
Keystone Bank Limited, commonly referred to as Keystone Bank, is a commercial bank in Nigeria. The bank is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator.
They are formerly Bank PHB. Their head office is located at Keystone House, 1, Keystone Crescent, Victoria Island, Lagos. They have a commercial banking license with national authorization.
Websites –
13. RAND MERCHANT BANK:
They are into Merchant banking as their name indicates. Their head office is on the 12th Floor, Church gate Towers, 2 Plot PC 31, Church gate Street, Victoria Island, Lagos. They have merchant banking license with national authorisation.
14. SKYE BANK:
Their head office is located at 3, Akin Adesola Street, Victoria Island, Lagos. They have a commercial banking license with international authorization.
15. STANBIC IBTC BANK NIGERIA LIMITED:
Their head office is located at IBTC Place, Walter Carrington Crescent, Victoria Island, Lagos. They have a commercial banking license with
national authorization.
16. STANDARD CHARTERED BANK:
Their head office is located at 142, Ahmadu Bello Way, Victoria Island, Lagos. They have a commercial banking license with national authorization.
17. STERLING BANK:
They gained Equatorial Trust Bank at one point. Their head office is located at Sterling Towers, 20 Marina, Lagos. They have a commercial banking license with national authorization.
18. UNION BANK OF NIGERIA:
The bank is owned by Union Global Partners Limited. Their head office is located at Stallion Plaza, 36 Marina, Lagos. They have a commercial banking license with international authorization.
19. UNITED BANK FOR AFRICA:
Their head office is located at 57 Marina, Lagos. They have a commercial banking license with international authorization.
20. UNITY BANK PLC.:
Their head office is located at Plot 785, Herbert Macaulay Way, Central Business District, Abuja. They have a commercial banking license with national authorization.
21. WEMA BANK:
Their head office is located at Wema Towers, 54 Marina, Lagos Island, Lagos. They have a commercial banking license with national authorization
22. ZENITH BANK:
Their head office is located at Plot 84, Ajose Adeogun Street, Victoria Island, Lagos. They have a commercial banking license with international authorization.
23. SUNTRUST BANK NIGERIA LIMITED:
They have their headquarters located at 1, Oladele Olashore Street, Victoria Island, Lagos. They have a commercial banking license with regional authorisation.
24. PROVIDUSBANK PLC.:
Their headquarter is located at Plot 54, Adetokunbo Ademola Street, Victoria Island, Lagos. They have a commercial banking license with regional authorisation.
25. JAIZ BANK LIMITED:
Their head office is located at Kano House, Plot 73, Ralph Shodeinde Street, Central Business District, Abuja. They have a non-interest banking license with national authorisation. It is the first and only non-interest bank in Nigeria.
26. FCMB GROUP PLC:
Their head office is located at First City Plaza, 44 Marina, Lagos. They have financial holding companies in Nigeria.
27. FBN HOLDINGS PLC:
Their head office is located at Samuel Asabia House, 35 Marina, P.O. Box 5216, Lagos. They have financial holding companies in Nigeria.
28. STANBIC IBTC HOLDINGS PLC.:
Their head office is located at I.B.T.C Place, Walter Carrington Crescent, P.O. Box 71707, Victoria Island, Lagos.
29. CORONATION MERCHANT BANK:
Their head office is located at St. Nicholas House, 6th Floor, 28A, Catholic Mission Street, P.M.B 12511, Marina, Lagos. They have a merchant banking license with national authorization.
20 FBN MERCHANT BANK:
They are located at 2, Broad Street, P.O. Box 4238, Lagos.
FAQ About Banks in Nigeria
Here are frequently asked questions about Banks in Nigeria . We have provided answers to these questions. Kindly study them carefully.
1. How many banks do we have in Nigeria?
There are about 21 commercial banks in Nigeria.
2. What is the new CBN policy?
The Central Bank of Nigeria (CBN) has introduced a new policy on cash-based transactions which stipulates a cash handling charge on daily cash withdrawals that exceed N500,000 for Individuals and N3,000,000 for Corporate bodies.
3. Which bank is the newest bank in Nigeria?
Parallex Limited, previously a microfinance bank, has announced its transition to commercial banking, becoming the latest entrant into that competitive banking cadre in Nigeria.
4. Which bank has the best security in Nigeria?
For its continued efforts towards ensuring the protection of customer funds and data, Global Finance, in its 29th annual World’s Safest Banks rankings, has named Access Bank Plc the ‘Safest Bank’ in Nigeria for the year 2020.
5. Which bank has the most branches in Nigeria?
Post-merger, Access Bank became the largest bank in Nigeria. Access Bank currently employs 6,781 individuals and operates around 600 branches in Nigeria.
as well as two branches in the United Kingdom and a representative office in the Republic of China, UAE, India (Mumbai), and Lebanon (Beirut).
More FAQs Banks
6. Is Kuda bank registered with CBN?
Kuda is a full service digital microfinance bank that is duly licensed by the Central Bank of Nigeria (“CBN”). Our registered office is at 151 Herbert Macaulay Rd, Yaba, Lagos, Nigeria.
7. How much cash can you withdraw from a bank in one day in Nigeria?
Following the recent circular issued by the Central Bank of Nigeria, in collaboration with the Bankers’ Committee.
placing cash withdrawal limits of N150,000 for individual account holders and N1,000,000 for corporate account holders, with the aim of reducing the high dominance of cash in the Nigerian economy, we
8. What is the maximum withdrawal limit for government in a day?
Yes, you can withdraw more than once and NOT breach the policy provided your cumulative withdrawals per day do not exceed N500,000 for individual and N3,000,000 for corporates.
9. Does CBN give loan?
The CBN N220 billion Micro, Small, Medium Enterprises Development Fund, is a single digit interest rate (9%) loan facility.
However, it can be accessed through Participating Financial Institutions (PFIs) i.e. banks. Loans must be repaid within 3 years and you can access up to 50 million Naira
10. Which bank is No 1 in Nigeria?
Zenith Bank tops the list with a market valuation of N789. 62 billion as of December 2021, followed by GTCo with N765. 2 billion, while FBN Holdings had a market capitalization of N409. 2 billion.1
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StudentsandScholarship Team.
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