Bank can simply mean a place where people go to save money and receive loans. There are usually licensed by the government and might offer other services such as financial advising and currency exchange services.

There are many banks with different functions. Some banks serve specific people, some are meant for the general public, while some are known to only regulate the activities of other banks.

This articles will be discussing the different banks in Nigeria and give the full list of the type of bank that operates for the public.

Types of Banks in Nigeria

These are the major types of banks in Nigeria

1. Savings Bank: These are banks that allow customers to save their money. The majority of banks in Nigeria operates as a savings bank.
2. Commercial Bank: These are the common types of banks which offer their services for businesses. In Nigeria, all commercial banks operate as a savings bank. However, not all savings bank are the commercial bank. Helping businesses is their main target and it also offers loan to businesses. An example is GTB, Zenith Bank etc.
3. Central Bank: Central or National bank is a federal government-owned type of bank. It is usually one in the whole federation with branches across the regions or states. It doesn’t operate with the public but serves as the regulating bank for all other licensed banks in the country. The central bank is the only bank with the right to produce the country’s currency and also performs other financial functions for the country. Example: Central Bank of Nigeria
4. Exchange Bank: These are banks licensed to remit money from one country to another. They are also responsible for exchanging other country’s currency for another. Most Nigeria banks are licensed to perform the services of an exchange bank.

See Banks in Nigeria Offering Mobile Mony Agency Services, See their requirements and How-to Start

List of Commercial Banks In Nigeria 2021

There are 20 licensed Nigeria banks in Nigeria. They include:

Access Bank

Head Office: 999c, Danmole Street, Off Idejo Street, Off Adeola Odeku Street, Victoria Island, Lagos
Email Address: contactcenter@accessbankplc.com.
Website: accessbankplc.com
Managing Director/CEO: Mr. Herbert Wigwe

CitiBank Nigeria

Head Office: Citibank Nigeria Limited Charles S. Sankey House, 27 Kofo Abayomi Street, Victoria Island, Lagos Nigeria.
Website: citigroup.com
Managing Director: Mrs. Ireti Samuel-Ogbu

Ecobank Nigeria Plc.

Head Office: 21, Ahmadu Bello Way, Victoria Island, Lagos.
Email Address: ecobankenquiries@ecobank.com
Website: www.ecobank.com/ng
Managing Director: Patrick Akinwuntan

Fidelity Bank Nigeria

Head Office: 2, Kofo Abayomi Street, Victoria Island Lagos.
Email Address: true.serve@fidelitybank.ng
Website: www.fidelitybank.ng
Managing Director/CEO: Nneka Onyeali-Ikpe

First Bank Nigeria

Head Office: Samuel Asabia House, 35, Marina, Lagos.
Email Address: firstcontact@firstbanknigeria.com
Website: www.firstbanknigeria.com
Managing Director/CEO: Dr. Adesola (“Sola”) Kazeem Adeduntan

First City Monument Bank (FCMB)

Head Office: Primrose Towers, 17A, Tinubu Street, P.O.Box 9117, Lagos State, Nigeria.
Email Address: fcmbcm@firstcitygroup.com
Website: www.fcmb.com
Managing Director: Adam Nuru

Guaranty Trust Bank (GTB)

Head Office: 635, Akin Adesola Street, Victoria Island, Lagos, Nigeria
Email Address: enquiries@gtbank.com
Website: gtbank.com
Managing Director/CEO: Segun Agbaje

Heritage Bank Plc (HB PLC)

Head Office: 292B, Ajose Adeogun Street, Victoria Island, Lagos.
Email Address: info@hbng.com
Website: www.hbng.com
Managing Director: Mr. Ifie Sekibo

Keystone Bank

Head Office: Keystone House, 1, Keystone Cresent, Victoria Island, Lagos.
Keystone: contactcentre@keystonebankng.com
Website: keystonebankng.com
Managing Director/CEO: Olaniran Olayinka

Mainstreet Bank Limited

Head Office: Afribank Plaza, 14th Floor, 51/55, Broad Street, Lagos.
Email Address: info@mainstreetmfb.com
Website: mainstreetbanklimited.com
Managing Director: Ms. Faith Tuedor-Matthews

Polaris Bank Limited

Head Office: 31, Akin Adesola Street, Victoria Island, Lagos.
E-mail Address: yescenter@polarisbanklimited.com
Website: polarisbanklimited.com
Managing Director: Adetokunbo Mukhail Abiru

Stanbic IBTC Bank

Head Office: IBTC Place, Walter Carrington Cresent, Victoria Island, Lagos.
Email Address: CustomerCareNigeria@stanbicibtc.com
Website: stanbicibctbank.com
Managing Director: Dr. Demola Sogunle

Standard Chartered Bank

Head Office: 142, Ahmadu Bello Way, Victoria Island, Eti Osa, Lagos, Nigeria
Email: customer.care@sc.com
Website: www.sc.com/ng/
Managing Director: Mrs. Bola Adesola

Sterling Bank

Head Office: Sterling Towers, 20, Marina, P. M. B. 12735, Lagos.
Email address: customercare@sterlingbankng.com
Website: sterling.com
Managing Director: Mr. Abubakar Suleiman

SunTrust Bank Nigeria

Head Office: 1, Oladele Olashore Street, Off Sanusi Fafunwa street, Victoria Island, Lagos, Lagos State, Nigeria.
Website: www.suntrustng.com
Email Address: helpdesk@suntrustng.com
Managing Director: Halima Buba

Union Bank of Nigeria Plc

Head Office: Stallion Plaza 36, Marina P.M.B 2027 Lagos, Nigeria.
Email address: customerservice@unionbankng.com
Website: www.unionbankng.com
Managing Director: Mr. Emeka Emuwa

United Bank for Africa (UBA)

Head Office: UBA House, 57 Marina, P.O. Box 2406, Lagos, Lagos State, Nigeria.
Email Address: cfc@ubagroup.com
Website: ubagroup.com
Managing Director: Mr. Kennedy Uzoka

Unity Bank

Head Office: Plot 497, Central Business District, Abogo Largema Street, Abuja.
Email Address: we_care@unitybankng.com
Website: unitybankng.com
Managing Director: Oluwatomi Somefun

Wema Bank

Head Office: Wema Towers 54, Marina, Lagos Island, Lagos.
Email Address: info@wemabank.com .
Website: wemabank.com
Managing Director: Ademola Adebise

Zenith Bank Plc

Head Office: Plot 84, Ajose Adeogun Street, Victoria Island, Lagos.
Email Address: zenithdirect@zenithbank.com
Website: zenithbank.com
Managing Director: Mr. Ebenezer Onyeagwu

Conclusion: This list contains only the commercial banks in Nigeria. The total banks in Nigeria are over 30.