Banks in Nigeria

The banking scene in Nigeria consists of a diverse range of financial institutions and banks. These include the Central Bank of Nigeria (CBN), commercial banks such as First Bank Nigeria and the Asset Management Corporation of Nigeria (AMCOM) to manage non-performing loans of the commercial banks.

Major Nigerian Banks

Zenith Bank

zenith-bank-nigeria-logoZenith is Nigeria’s largest bank and ranked as the 7th best bank in Africa. It was founded in 1990 and it is listed on both the Nigerian and London Stock Exchange. Learn More

First Bank

firstbank-nigeria-logo-jpgFirst Bank of Nigeria is Nigeria’s biggest bank in terms of total deposits and operates a network of over 750 branches across Africa and around the world. In Nigeria it has over 10 million customers and employs over 7,000 staff. Learn More


Fidelity Bank Nigeria

fidelity-bank-nigeria-logoFidelity Bank is one of the largest banks in Nigeria which has over 220 branches nationally and is listed on the Nigerian Stock Exchange. Read More

GT Bank

guaranty-trust-bank-logoGuaranty Trust Bank, or GTB as it’s known, has over 10,000 employees and has introduced many innovations to the Nigerian banking sector. Learn More

Heritage Bank

heritagebank-logoHeritage Bank Plc. was founded in 1989 as Societe Generale Bank (Nigeria). In 2012, it was re-issued a banking license and is now licensed as a National BankLearn More

Access Bank

access-bank-nigeria-logoAccess Bank is part of the Access Bank Group and was founded in 1989. Since then, it has grown into a significant player in the African banking scene with operations in many countries including Ghana, Rwanda and Zambia. Learn More

United Bank for Africa

uba-bank-nigeria-logoUnited Bank for Africa (UBA) Plc is a significant player in the Nigerian banking sector with operations in 19 African countries and been in operation since 1949. In 2005, it merged with Standard Trust Bank (STB) which was one of the largest mergers in Nigeria’s history. Learn More

Diamond Bank

diamond-bank-logoDiamond Bank is one of the largest banks in West Africa with over 240 branches in Nigeria, 20 branches in Benin Republic, 2 branches in Senegal, 1 branch in Togo and 3 branches in Cote d’Ivoire. Learn More

Citibank Nigeria

citibank-logoCitiBank is the oldest international bank operating in Nigeria as it has been active since 1984. Today Citi has 12 banks spread across the country. Learn More

Ecobank Nigeria

ecobank-nigeria-logoEcobank was founded in 1986 and is one of the top 5 banks in Nigeria with over 600 branches providing a full range of services including Retail Banking, Wholesale Banking and Investment Banking services. Learn More

Standard Chartered Bank Nigeria

standard-chartered-nigeria-logoStandard Chartered Bank Nigeria originally began in 1965, but after many

changes, it re-entered again in 1999 as a subsidiary of Standard Chartered Bank Plc in London. Learn More


Bank of Industry Nigeria

boi nigeria logoThe Bank of Industry Nigeria (or BOI Nigeria) is the leading bank for funding in the industrial sector with many services and funds focused on igniting the Nigerian economy. Learn More

Stanbic IBTC Bank

stanbic bank logoStanbic IBTC Bank is a member of the Standard Bank Group , a large financial services company based in South Africa. Standard Bank is Africa’s largest banking group ranked by assets and earnings, with operations in over 20 African countries Learn More

First City Monument Bank

first city monument bank logoFirst City Monument Bank is one of Nigeria’s top 10 banks with branches in every state and a full retail and commercial offering, plus it is listed on the Nigerian Stock Exchange (symbol FCMB). Learn More

Foreign Exchange

For more information on comparing the exchange rate of the Dollar to Naira or Naira to Dollar or other currencies such as the Euro, see below:

Dollar to Naira / Naira to Dollar

Euro to Naira / Naira to Euro

Pounds to Naira / Naira to Pounds

News and Articles

First Bank Nigeria Online Banking

firstbank-onlinebankingThe First Bank of Nigeria is not only one of Nigeria’s biggest banks, but also one of the most innovative  on the internet as it has won the Global Finance Digital Bank of Distinction award in 2016.

What is a NUBAN?

Have you been hearing the term NUBAN lately and not sure what people are referring to? We have more information inside.

Loan Calculator 

loan-calculatorUse our free loan calculator to compare personal loans and mortgages in Nigeria and save money on repayments.

Public Banking Holidays in Nigeria in 2017

The Nigerian banking system is making leaps and bounds in the last few years, but it’s important to remember that public holidays affect the banks in Nigeria just like anywhere else, so be aware of these dates so you don’t miss out on important financial services.

The Central Bank of Nigeria

The Central Bank of Nigeria (CBN) is the regulator of all financial activity in the country and ensures the financial stability of the banking system.