Competition among commercial banks in Nigeria has intensified, with each bank striving to be the best in Nigeria.
These are the names of the top 5 out of the 24 banks in Nigeria
Guarantee Trust Bank can be easily shortened to Gtbank. It was founded in 1990, and it offers a full range of financial services, including retail, corporate, investment banking, online/internet banking, and asset management. It is currently the best bank in Nigeria with a massive staff of 10,000 members and serves over eight million customers.
- First Bank Of Nigeria (FBN)
First bank was the first banking institution to be established in Nigeria. It was originally called Bank of West Africa when it was established in 1894 but was later changed to first bank of Nigeria in 1979. The bank now has subsidiaries across and beyond the borders of Nigeria and employs more than 7,000 staff.
- Zenith Bank
It was established in 1990 just like Gtbank. They deliver banking services across and beyond the borders of Nigeria to places like; Ghana, Sierra Leone, and Gambia.
The bank currently serves more than 1.6 million customers and employs about 7,000 staff.
- Ecobank Nigeria
It was founded in 1986. They are subsidiary of pan-African banking group and they control numerous subsidiaries amongst which are found in countries like; France, Angola, South Africa and many more. They have a staff of 19,000 members.
- Access bank plc
It was set up in 1989, and is one of the leading banks in Nigeria. They have employed over 2,965 and has over 317 branches in Nigeria. They also have branches in Sierra Leone, Congo, Zambia and UK.