Banks

Zenith Bank

Zenith Bank PLC is the one of the richest bank in Nigeria with a total assets worth more than 14.147 billion dollars and branches in Gambia, ghana, sierra leone, South Africa and the united kingdom. 

The bank is  one of the biggest company in nigeria. Ever since it went public limited company in 2004, it has won sereral awards in the banking and finance sector.

 Zenith Bank Plc currently has a shareholder base of about one million and is Nigeria’s biggest bank by tier-1 capital. In 2013, the Bank listed $850 million worth of its shares at $6.80 each on the London Stock Exchange (LSE). 

GTBank

Guaranty Trust Bank plc is a foremost Nigerian financial institution with vast business outlays spanning Anglophone/Francophone, West Africa, East Africa and the United Kingdom.

The Bank presently has an Asset Base of over 2 Trillion Naira, shareholders funds of over 200 Billion Naira and employs over 10,000 people in Nigeria, Cote d'Ivoire, Gambia, Ghana, Kenya, Liberia, Rwanda, Sierra Leone, Uganda and the United Kingdom.

The Bank has a corporate banking bias and strong service culture that have enabled it record consistent year on year growth in clientele base and key financial indices since its inception in 1990.

Diamond Bank

Diamond Bank Plc began as a private limited liability company on March 21, 1991 (the company was incorporated on December 20, 1990).

Ten years later, in February 2001, it became a universal bank. In January 2005, following a highly successful Private Placement share offer which substantially raised the Bank's equity base, Diamond Bank became a public limited company.

In May 2005, the Bank was listed on The Nigerian Stock Exchange. Moreover, in January 2008, Diamond Bank's Global Depositary Reciepts (GDR) was listed on the Professional Securities Market of the London Stock Exchange. The first bank in Africa to record that feat.

Today, Diamond Bank is one of the leading banks in Nigeria* - respected for its excellent service delivery, driven by innovation and operating on the most advanced banking technology platform in the market.

Diamond Bank has over the years leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships.

And like a diamond, our strength makes us even more valued and valuable. Diamond Bank has won several awards including the prestigious "Nigerian Bank of the Year, 2009", the "Most Improved Bank of the Year, 2007" and "Best Bank in Mergers & Acquisition, 2006" all by the  ThisDay Annual Awards.

First Bank of Nigeria

FirstBank has solidified itself as a brand of fortitude, strength and innovation in the Nigerian financial sector since its inception in 1894.

The iconic African elephant with navy blue and ivory colours has been a national symbol of one of the biggest international players in the financial services industry to date.

United Bank for Africa

BA’s has more than 65 years of providing uninterrupted banking operations dating back to 1948 when the British and French Bank Limited (“BFB”) commenced business in Nigeria.

BFB was a subsidiary of Banque Nationale de Crédit (BNCI), Paris, which transformed its London branch into a separate subsidiary called the British and French Bank, with shares held by Banque Nationale de Crédit and two British investment firms, S.G. Warburg and Company and Robert Benson and Company. A year later, BFB opened its offices in Nigeria to break the monopoly of the two existing British owned banks in Nigeria then.

UBA has more than 7 million branhes in Africa including United Kingdom, United States and France. The current UBA formed as a result of merger between the old UBA and Stanard Trust Bank and this has given the company an asset worth 11.901 billion dollars.

Access Bank

Access Bank Nigeria started operating in 1989 and the bank received it trading license from the central Bank Of Nigeria in 1998. and became listed on the Nigeria Stock Exchange.

The bank acquired Intercontinental bank recently which is also another major commercial bank with a large customer base. It customers base is about 5.7 millions customers and it has about 309 brances and 1600 ATMs machine across the country. The total assets of the bank is worth around 10.014bn

Stanbic IBTC Bank Plc

Stanbic IBTC is a south african based bank which is alos a memeber of standard Bank Group. It goes by the name Standard Bank in south african. However, in other african countries it bears Stanbic Bank. Tne bank finances major businesses across africa.

Union Bank

Union Bank is one of the oldest bank in nigeria. It's business activity can be traced as far back as early as the 20th century. it is the 14th largest bank in africa with asset base of more than six billion dollars.

it offers a very wide range of services and the major shareholder is Union Global partners Limited which owns up to 65 percent of the bank equilty.  

Union Bank has a robust branch network comprising of 339 locations nationwide with its headquarters in the central business district of Lagos.

Fidelity Bank

Fidelity Bank began operation in 1988, with a different name called Fidelity Union Merchant bank Limited. as the years goes the bank became known for the words as their motto's says "we always keep our words.

They converted into a commericail bank about 11 years later and has continued to keep its word ever since time.

First City Monument Bank

FCMB is notorious for their monumental building that often make you ask if any form of business activity is going on inside the bank. It's  wheather you accidentally stumbled into a museum or national heritage building.

However, the bank has a total assets of 3.65 billion that shows tha alot of business activities are going on unde those the monumental roofs. FCMB has subsidiaries that offers pension services, stock brokerage and investing bank.

Ecobank

Ecobank Nigeria started opertaion in the 1986 as a Universal bank and has over the years become established as one of the major financial institutions in Nigeria. With assets of over 8 billion dollars on a strong foundation.

The bank recently acquired 100 percent shares of Oceanic bank in a re-consolidation exercise.

The acquisation was due to misappropriation of the bank's capital by some of the director. Oceanuc bank was one of the main banks in Nigeria well known for its crowded bamking halls due to the large number of customers and inefficient service delivery. 

Central Bank of Nigeria

The mandate of the Central Bank of Nigeria (CBN) is derived from the 1958 Act of Parliament, as amended in  1991, 1993,1997,1998,1999 and 2007

The CBN Act of 2007 of the Federal Republic of Nigeria charges the Bank with the overall control and administration of the monetary and financial sector policies of the Federal Government.

The objects of the CBN are as follows:

  1. ensure monetary and price stability;
  2. issue legal tender currency in Nigeria;
  3. maintain external reserves to safeguard the international value of the legal tender currency;
  4. promote a sound financial system in Nigeria; and
  5. act as Banker and provide economic and financial advice to the Federal Government.

Consequently, the Bank is charged with the responsibility of administering the Banks and Other Financial Institutions (BOFI) Act (1991) as amended, with the sole aim of ensuring high standards of banking practice and financial stability through its surveillance activities, as well as the promotion of an efficient payment system.

In addition to its core functions, CBN has over the years performed some major developmental functions, focussed on all the key sectors of the Nigerian economy (financial, agricultural and industrial sectors). Overall, these mandates are carried out by the Bank through its various departments.

SKYE BANK

Skye Bank PLC has evolved into one of the top financial institutions in Nigeria, after its very seamless consolidation exercise in 2006.

It operates as a group that provides facets of financial products and services powered by a purpose built technological framework that supports the service delivery process to customers.

With a cumulative wealth of experience that spans over 50 years, Skye Bank is historically one of the oldest banks in Nigeria and West Africa. We are quoted on the Nigerian Stock Exchange with over 450,000 diverse shareholders with a shareholding structure that puts no more than 5% in the control of any one individual or company.

Keystome Bank

keystome bank was formed in 2011 to takeover management of the defunct Bank PHB. On the same that that it was formed, the licence of Bank PHB was revoked.

The bank has over 200 business offices across the country and is fully owned by the Asset Management Company of Nigeria (AMCON) with an asset base of 8,500 billion also making it one of the biggest banks in Nigeria.