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Full List Of Commercial and Others Banks In Nigeria 2019 Edition

Here is the full list of commerce and other Banks in Nigeria

List Of Commercial Banks In Nigeria

1. Access Bank Plc
2. Fidelity Bank Plc
3. First City Monument Bank Plc


4. First Bank of Nigeria Limited
5. Guaranty Trust Bank Plc
6. Union Bank of Nigeria Plc
7. United Bank for Africa Plc
8. Zenith Bank Plc

This is a list of commercial banks with National Authorization in Nigeria


1. Citibank Nigeria Limited
2. Diamond Bank Plc
3. Ecobank Nigeria Plc
4. Heritage Banking Company Limited
5. Keystone Bank Limited
6. Polaris Bank Limited. The successor to Skye Bank Plc. [3]
7. Stanbic IBTC Bank Plc
8. Standard Chartered
9. Sterling Bank Plc
10. Unity Bank Plc
11. Wema Bank PLC

This is a list of commercial banks with Regional Authorization in Nigeria

1. SunTrust Bank Nigeria Limited
2. Providus Bank Limited
This is a list of non-interest banks in
Nigeria , arranged alphabetically: [1]
1. Jaiz Bank Plc

This is a list of merchant banks in Nigeria


1. Coronation Merchant Bank
2. FBNQuest Merchant Bank
3. FSDH Merchant Bank
4. Rand Merchant Bank
5. Nova Merchant Bank

Top Twenty Richest Man In Nigeria, Name, Net Worth and Industry. Count Down)

Here is the count down of top twenty [block]0[/block] in Nigeria.

20. Hakeem Belo-Osagie
Net Worth: $600 Million
Industry: Oil and Gas/Telecoms.

19. Tunde Folawiyo
Net Worth: $650 Million
Industry: Oil & Gas, Telecom.

18. Mohammed Indimi
Net Worth: $670 Million
Industry: Oil & Gas, Self-made.

17. Emmanuel Ojei
Net Worth: $1.2 Billion
Industry: Diversified.

16. Bode Akindele
Net Worth: $1.2 Billion
Industry: Diversified.

15. Dr. ABC Orjiakor
Net Worth: $1.2 Billion
Industry: Oil & Gas.

14. Igho Sanomi
Net Worth: $1.3 Billion
Industry: Oil & Gas.

13. Benedict Peters
Net Worth: $2.7 Billion
Industry: Oil & Gas.

12. Cletus M. Ibeto
Net Worth: $3.7 Billion
Industry: Diversified.

11. Prince Arthur Eze
Net Worth: $5.7 Billion (Ventures
Africa)
Industry: Oil & Gas.

10. Oba Oteduko
Net Worth: $650 Million
Industry: Diversified.

9. Jim Ovia
Net Worth: $850 Million (Forbes), $1
Billion (Ventures Africa)
Industry: Banking, Telecoms.

8. Orji Uzor Kalu
Net Worth: $1.1 Billion
Industry: Oil & Gas.

7. Tony Elumelu
Net Worth: $1.4 Billion (Forbes), $1.6
Billion (Ventures Africa)
Industry: Investments.

6. Abdulsalam Rabiu
Net Worth: $1.5 Billion
Industry: Consumer Goods.

5. Theophilus Danjuma
Net Worth: $1.7 Billion (Forbes), $1.8
Billion (Ventures Africa)
Industry: Oil & Gas.

4. Folorunsho Alakija
Net Worth: $2.1 billion
Industry: Fashion, Oil, and Printing.

3. Femi Otedola
Net Worth: $2.3 Billion
Industry: Oil & Gas.

2. Mike Adenuga
Net Worth: $10.5 Billion (Forbes), $8
Billion (Ventures Africa)
Industry: Telecoms, Oil, and Gas.

1. Aliko Dangote
Net Worth: $12.5 Billion (Forbes),
$25.7 Billion (Ventures Africa)
Industry: Cement, Sugar, Flour.

Alhaji Aliko Dangote is worth an estimated $21.6
billion. He is the richest man in Nigeria.
Aliko Dangote
is by far the richest man in Nigeria.

These are the list of richest man in Nigeria.

Top 10 Richest Bank In Nigeria Count Down

Nigeria is a country with over 180 million people and there is a great need for very strong as trustworthy back to serve the whole population and there are over 21 licensed commercial banks in Nigeria this bank emerged more stronger and diversity after consolidation than they were before.

Nigeria banks are richer than others so in this post we will discuss the top 10 richest in Nigeria according to their asset.

Here is the List of Most Richest Bank in Nigeria

10 Polaris bank

Police bank was number 10 out of the richest bank in Nigeria, it is a very large financial institution that provides houses across Africa, lie country likes Gambia republic of Ghana Angola Liberia sierra Leone and equatorial guinea. Pilate’s banquet the asset of more than 3.9 billion dollars

9 fidelity bank

Fidelity Bank is one of the strongest bank and largest bank in Nigeria it was established in the year 1988 this bank is a reliable and personally carry operation with support of his 220 of denary likewise it constancy extend it customer based on hours 2.3 million customers fidelity bank net worth was about 6.31 billion dollar.

8 Union bank of Nigeria

Union bank is one of the oldest bank in the country Nigeria it was rated 556 largest bank in the world add fourth largest bank in africa in the year 2019, this financial institution as comfortable y manage and medium alike operation with satellite offices Johannesburg, London. This bank is also have branches across Africa country like Benin republic and other west Africa countries and their net worth is over 6.8 billion dollars.
Number

7 Diamond bank of Nigeria

Diamond bank was established in the year 2000 assemble 1990 and is fully licensed commercial bank in Nigeria that also provide financial services across Africa this bank is among the largest and richest bank in Nigeria with their asset worth 7.3 billion dollars.

6 united bank of Africa (UBA)

United bank of Africa has more than 70 million customers and 700 is in Africa including united kingdom universities and France, united bank of Africa is one of the oldest bank in Nigeria and has net worth of 12.3 billion dollars.

5 Access Bank Nigeria bank

They started operating in the year 1989 and they were fully licensed by the central bank of Nigeria in 1998. Access bank have been one of the leading bank in Nigeria in the time past I have light customer base that is up to 5.7 million and it has more than 30 nine branches and more than one 16000 ATM’s across Nigeria and their net worth is 12.6 billion dollars

4 Zenith bank of Nigeria

Zenith bank is one of the richest and largest bank in Nigeria and it was established in the year 1990 and became popular in the year 2004, zenith Bank also have branches in country like sierra Leone, South Africa,united kingdom, and Ghana and won several awards in banking and finance and their net worth is 15.7 billion dollars.

3 Eco bank of Nigeria

Eco bank is one of the largest bank in Nigeria and eco bank Nigeria is a subsidiary of eco bank bank African bank and eco bank presently operate in more than 32 countries and headquarter in Rome the financials general provide wholesale with air compressor investment and transaction bank financial services across Africa, have the net worth more than 20 billion dollars.

2 First bank of Nigeria

First bank of Nigeria is one of the oldest bank in Nigeria and it was established in early part of 20th century. Also have branches in South Africa China France democratic republic of Congo, united kingdom they have a total asset of 21.3 billion dollars.

1 Guaranty Trust Bank GT Bank

Guaranty trust bank is the largest financial solution in west Africa and also in Nigeria.
Grantee trust bank also operate in London and bank what about 11.7 trillion dollars.

That are the top 10 richest bank in Nigeria

10 polaris bank
9 Fidelity bank

8. Union bank of Nigeria

7. Diamond bank of Nigeria

6. United bank of Africa

5. Access bank

4. Zenith bank

3. eco bank of Nigeria

2 First bank of Nigeria and

1 Grantee trust bank, That are the short list of richest in Nigeria.

Saving Vs Investment

Did you know that there is a big difference between saving and investment.

I will be telling u the different between saving and investment right now.



Many people don’t understand the difference between savings and investment, savings and investment a different and they are for different purpose I play different role in human life.

Saving

Saving is the amount of money left out after spending from disposable income savings are done for unexpected financial emergency. Savings are also used to purchase expensive things that salary can’t buy like a phone, a car, or house.
And also there are many ways person can save his or her money can be in form of deposit into savings account or investment fund. why

Investment

investment is an asset acquire with the goal of generating income. it is the process of using your money or capital to buy an asset you think that will be profitable and give you more income in return overtime investment can be in real estate stock or bond and in any other profitable businesses that we make you wealthier.

Difference between savings and investment.


1 Process

savings are money kept aside for unexpected financial emergency why investment is is the money in the process of making it grow and get profit in return.

2 Meaning

savings can be saved and saving account or daily contribution. why investment is can be invest in any profitable business like real estate buying stock investing in gold.


3 Purpose

savings is for short period for a purpose of spending later like buying the house or car, why investment is for long time for the purpose of getting more money in return like buying a the land or setting up a company which would be more profitable in future.

4 Risk

the risk of savings is very low while the risk investment is very high, the risk of savings is very low because you will have access to your money at any time and your money will not get missing at all why investment risk is very high because the business like stock exchange real estate can can lost value, or an accident happened which lead to damages of your investment just like a fire outbreak in a company you can lose your money these why investment is very risky.


5 Return

you can only get what you save in your savings account or day by day contribution you cannot get anything higher than that, investment will give you much more money that you invest.

6 Access

you access to your savings at anytime investment you don’t have access to your money until bring more profit
It is a good idea to save and also is a good idea to invest both of it is very very important any human live

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