August 18, 2023

List of Commercial Banks in Nigeria

A commercial bank basically is any authorized financial institution, authorized by a governing body (for instance Central Bank of Nigeria) to accept money in forms of deposits and also lend money to individuals. In this post, I’ll be listing the complete names of commercial banks authorized by CBN in Nigeria.

Are you in search of a bank to make deposits of your money or get loans from? Here is an updated list of commercial banks in Nigeria.

  1. Access Bank – Acquired Intercontinental Bank
  2. Citibank
  3. Diamond Bank
  4. Ecobank Nigeria – Acquired Oceanic Bank
  5. Enterprise Bank Limited – Formerly Spring Bank
  6. Fidelity Bank Nigeria
  7. First Bank of Nigeria
  8. First City Monument Bank – Acquired FinBank
  9. FSDH Merchant Bank – Merchant Bank
  10. Guaranty Trust Bank
  11. Heritage Bank Plc.
  12. Keystone Bank Limited – Formerly Bank PHB
  13. Mainstreet Bank Limited – Formerly Afribank (Acquired by Skye Bank Plc)
  14. Rand Merchant Bank – Merchant bank
  15. Savannah Bank
  16. Skye Bank
  17. Stanbic IBTC Bank Nigeria Limited
  18. Standard Chartered Bank
  19. Sterling Bank – Acquired Equitorial Trust Bank
  20. Union Bank of Nigeria – Owned By Union Global Partners Limited
  21. United Bank for Africa
  22. Unity Bank Plc.
  23. Wema Bank
  24. Zenith Bank

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