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Union Bank is a large commercial bank, serving individuals, small and medium-sized companies, as well as large corporations and organizations. In July 2009, it was rated the 556th largest bank in the world and the 14th largest bank in Africa. [2] As of Mar 31, 2018, the bank's asset base was estimated at NGN1, 381 billion (US$4.1billion).
Titan Trust Bank was established on 12 December 2018 and received its national banking license in April 2019, to operate as a commercial bank. In June 2021, they got approval to collect fees on behalf of the federal government under the Nigeria Export Supervision Scheme (NESS). [6]
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]
United Bank For Africa is a large financial services group in Nigeria and on the African continent. As of December 2021, the group's financial assets were valued at ₦8.5 trillion (US$20.1 billion), with shareholders' equity of ₦724.1 billion (US$1.8 billion).
Access Bank Plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator. [1] Originally a corporate bank, they expanded into personal and business banking in 2012. Access Bank and Diamond Bank merged on April 1, 2019.
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 ...
National Identity Management Commission (NIMC) is a statutory Nigerian organization that operates the country's national identity management systems. It was established by the NIMC Act No. 23 of 2007 to create, operate and manage Nigeria's national identity card database, integrate the existing identity database in government institutions, register individuals and legal residents, assign a ...
Wema Bank Plc, commonly known as Wema Bank, is a Nigerian commercial bank.It is licensed by the Central Bank of Nigeria; the regulator of the nation's banking sector. As of 2019, Wema bank operates the largest digital banking system in Nigeria, ALAT By Wema, which is fully in use in all of the nation's thirty six states and federal capital territory.