25 current Commercial Banks in Nigeria (with operational details)

List of 25 Commercial Banks in Nigeria and Their operational Details.

Nigeria has currently 25 viable commercial banks operating in Nigeria with Central Bank of Nigeria (CBN) being the apex bank or Bankers’ bank. Before Bank Consolidation in Nigeria, there are 89 Legacy Banks in Nigeria .Central Bank of Nigeria (CBN) monitors, controls and/regulates and finances the activities of all commercial banks and financial institutions in Nigeria.

The consolidation of banks was in line with CBN’s directive that Nigerian banks which had no solid financial backbone should be shutdown. The result was the merger of Nigerian banks in few years ago.

banks in Nigeria
Credit: All Nigerian banks logo

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There are different types of banks in Nigeria. They include;

  • commercial banks licensed by CBN for national operations
  • Banks licensed by CBN to run commercial banking services with international authorization.
  • Commercial banking license by CBN to operate with regional authorization.
  • Nigeria bank licensed by the CBN (having non-interest banking service) with national authorization. Example is Jaiz bank.
  • Merchant bank licensed by CBN with national authorization
  • Financial holding companies in Nigeria operating as financial institutions.

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List of 25 Current Commercial Banks in Nigeria

Here is the list of banks in Nigeria with their address and operations across Nigeria;

  1. Access BankCitibank
  2. Citibank
  3. Diamond Bank
  4. Ecobank Nigeria
  5. Enterprise Bank Limited
  6. Fidelity bank
  7. First Bank of Nigeria
  8. First City Monument Bank
  9. Mainstreet Bank
  10. Guaranty Trust Bank
  11. Heritage Bank Plc.
  12. Keystone Bank Limited
  13. Skye Bank
  14. Stanbic IBTC Bank Nigeria Limited
  15. Standard Chartered Bank
  16. Sterling Bank
  17. Union Bank of Nigeria
  18. United Bank for Africa(UBA)
  19. Unity Bank Plc
  20. Wema Bank
  21. Zenith Bank
  22. Jaiz Bank Limited
  23. FCMB Group Plc
  24. FBN Holdings Plc
  25. Stanbic IBTC Holdings Plc

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  • Access Bank: This bank acquired Intercontinental Bank. Their headquarters is located at 999c, Danmole Street, Off Idejo Street, Off Adeola Odeku Street, Victoria Island, Lagos. They possess commercial banking license and international authorization
  • Citibank: They have their headquarters at 27, Kofo Abayomi Street, Victoria Island, Lagos. They possess commercial banking license and national authorization.
  • Diamond Bank: They are located at Plot 1261, Adeola Hopewell Street, Victoria Island, Lagos. They possess commercial banking license and international authorization
  • Ecobank Nigeria: They acquired Oceanic Bank at a point. Headquartered at 21, Ahmadu Bello Way, Victoria Island, Lagos. They possess commercial banking license and national authorization.
  • Enterprise Bank Limited: It was formerly Spring Bank. They possess national authorization
  • Fidelity Bank Nigeria: Headquartered at 2, Kofo Abayomi Street, Victoria Island, Lagos. They possess commercial banking license and international authorization.
  • First Bank of Nigeria: They are located at Samuel Asabia House, 35 Marina, Lagos. They possess commercial banking license and international authorization.
  • First City Monument Bank:The bank acquired FinBank at a point. Headquartered at Primose Towers, 17a, Tinubu Street, Lagos. They possess commercial banking license and nternational authorization.
  • Mainstreet Bank: It is a Merchant Bank. Headquartered at UAC House, 5th-8th Floor, 1/5 Odunlami Street, P.M.B 12913, Lagos. They have merchant bank license and national authorization.
  • Guaranty Trust Bank: It is commercial bank with a difference. Its Headquartered is at 635, Akin Adesola Street, Victoria Island, Lagos. They possess commercial banking license and international authorization.
  • Heritage Bank Plc: its Headquartered is at 292b, Ajose Adeogun Street, Victoria Island, Lagos. They possess commercial banking license and national authorization.
  • Keystone Bank Limited: Formerly known as Bank PHB. Its Headquartered is at Keystone House, 1, Keystone Crescent, Victoria Island, Lagos. They possess commercial banking license and national authorization.
  • Skye Bank: Its Headquartered is at 3, Akin Adesola Street, Victoria Island, Lagos. They possess commercial banking license and international authorization.
  • Stanbic IBTC Bank Nigeria Limited: Its Headquartered is at IBTC Place, Walter Carrington Crescent, Victoria Island, Lagos. They possess commercial banking license and national authorization.
  • Standard Chartered Bank: Its Headquartered is at 142, Ahmadu Bello Way, Victoria Island, Lagos.  They possess commercial banking license and national authorization.
  • Sterling Bank: They acquired Equatorial Trust Bank at one point. Its Headquartered is at Sterling Towers, 20 Marina, Lagos. They possess commercial banking license and national authorization.
  • Union Bank of Nigeria: The bank is owned by Union Global Partners Limited. Headquartered at Stallion Plaza, 36 Marina, Lagos. They possess commercial banking license and international authorization.
  • United Bank for Africa: Its Headquartered is at 57 Marina, Lagos. They possess commercial banking license and international authorization.
  • Unity Bank Plc: Its Headquartered is at Plot 785, Herbert Macaulay Way, Central Business District, Abuja. They possess commercial banking license and national authorization.
  • Wema Bank: Its Headquartered is at Wema Towers, 54 Marina, Lagos Island, Lagos. They possess commercial banking license and national authorization.
  • Zenith Bank: Its Headquartered is at Plot 84, Ajose Adeogun Street, Victoria Island, Lagos. They possess commercial banking license and international authorization.
  • Jaiz Bank Limited: Its Headquartered is at Kano House, Plot 73, Ralph Shodeinde Street, Central Business District, Abuja. They have non-interest banking license and national authorization. It is the first and only non-interest bank in Nigeria.
  • FCMB Group Plc: Its Headquartered is at First City Plaza, 44 Marina, Lagos. They possess commercial banking license and have financial holding companies in Nigeria.
  • FBN Holdings Plc: its Headquartered is at Samuel Asabia House, 35 Marina, P.O. Box 5216, Lagos. They have financial holding companies in Nigeria.
  • Stanbic IBTC Holdings Plc: Its Headquartered is at I.B.T.C Place, Walter Carrington Crescent, P.O. Box 71707, Victoria Island, Lagos.

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Commercial Banks in Nigeria, Head Offices and Their Websites

SN. Bank Name Head Office Address Website
1. Access Bank 999c, Danmole Street, Off Idejo Street, Off Adeola Odeku Street, Victoria Island, Lagos. http://www.accessbankplc.com
2. CitiBank Nigeria 27, Kofo Abayomi Street, Victoria Island, Lagos.  http://www.citigroup.com/citigroup/global/nga.htm
 3.  Diamond Bank Plot 1261, Adeola Hopewell Street, P.O.Box 70381, Victoria Island, Lagos
 4. Ecobank Nigeria 21, Ahmadu Bello Way, Victoria Island, Lagos  http://www.ecobank.com
 5.  Enterprise Bank Plot 143, Ahmadu Bello way, Victoria Island, Lagos
 6.  Fidelity Bank 2, Kofo Abayomi Street, Victoria Island Lagos  http://www.fidelitybankplc.com
7. First Bank Nigeria Samuel Asabia House, 35, Marina, Lagos http://www.firstbanknigeria.com
8. First City Monument Bank (FCMB) Primrose Towers, 17A, Tinubu Street, P.O.Box 9117, Lagos State, Nigeria http://www.finbankplc.com
9. Guaranty Trust Bank (GTB) 635, Akin Adesola Street, Victoria Island, Lagos, Nigeria http://www.gtbank.com
10. Heritage Bank 292B, Ajose Adeogun Street, Victoria Island, Lagos
11. Keystone Bank Keystone House, 1, Keystone Cresent, Victoria Island, Lagos http://www.keystonebankng.com
12. Mainstreet Bank Afribank Plaza, 14th Floor, 51/55, Broad Street, Lagos
13. Skye Bank 3, Akin Adesola Street, Victoria Island, Lagos http://www.skyebankng.com
14. Stanbic IBTC Bank IBTC Place, Walter Carrington Cresent, Victoria Island, Lagos http://www.ibtc.com
15. Standard Chartered Bank Sterling Towers, 20, Marina, Lagos http://www.standardchartered.com/ng
16. Sterling Bank Sterling Towers, 20, Marina, Lagos. http://www.sterlingbankng.com
17. SunTrust Bank Nigeria 1 Oladele Olashore Street, Victoria Island, Lagos
18. Union Bank Stallion Plaza, 36 Marina, Lagos http://www.unionbankng.com
19. United Bank For Africa (UBA) 57, Marina, Lagos http://www.ubaplc.com
20. Unity Bank Plot 497, Central Business District, Abogo Largema Street, Abuja http://www.unitybankng.com
21. Wema Bank Wema Towers 54, Marina, Lagos Island, Lagos. http://www.wemabank.com
22. Zenith Bank Plot 84, Ajose Adeogun Street, Victoria Island, Lagos.

 

https://www.zenithbank.com/
23. Jaiz Bank 73 Ralph Shodeinde Street, Central Business District, P.M.B. 31, Garki, Abuja, Nigeria.  http://jaizbankplc.com

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