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The First Bank Group has over 700 business locations across Africa and has an agent banking network with over 820 locations across Nigeria as of 2024. [2] The bank specializes in retail banking, with a client base in West Africa of over 42 million customers. First Bank, as a group, employs over 16,000 staff.
Access Bank Plc. Fidelity Bank Plc. First City Monument Bank Limited. First Bank of Nigeria Limited. Guaranty Trust Holding Company Plc. Union Bank of Nigeria Plc. United Bank for Africa Plc. Zenith Bank Plc. This is a list of commercial banks with National Authorization in Nigeria, arranged alphabetically: [1]
The Anglo-Egyptian Bank and the National Bank of South Africa gave birth to Barclays Bank in Nigeria. In 1948, the British and French Bank for Commerce and Industry started operations in Nigeria, which metamorphosed into the United Bank for Africa. [3] The first domestic bank In Nigeria was established in 1929 and called the Industrial and ...
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. [3] The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort ...
This was the first time in Nigeria that a corporate organization was honored in such a way. [21] Gtbank, Maryland branch, Lagos. In 2011, the bank became the biggest bank in Nigeria by market capitalisation. [22] In 2013, the bank acquired a 70 percent shareholding in the Fina Bank Group for a cash payment of US$100 million. [23]
First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos. FCMB Group Plc has nine subsidiaries divided among three business groups: commercial and retail banking, investment banking, and asset and wealth management. [2] As of December 2020, the group's total assets were valued ...
First Bank of Nigeria, a Nigerian bank with branches in Ghana, South Africa, Guinea, Gambia, Sierra Leone, DRC, UAE, United States, UK, France, China, etc. First National Bank (disambiguation), a name used by various banks worldwide; First Interstate Bank (disambiguation), a name used by various banks worldwide
Polaris Bank is a large financial services provider in West Africa and Central Africa with headquarters in Nigeria. As of September 2010, the bank's total assets were valued in excess of US$3.9 billion (NGN:611.5 billion), with shareholders' equity of approximately US$630 million (NGN:98.4 billion). [6]