List of commercial banks in Nigeria and their managing directors 2017
Due to their inability to meet the 2006 directive of the Central Bank of Nigeria, some of the commercial banks in Nigeria merged with other banks while others shut down their operations. If you want to know the names of currently operating banks, here is a full list of commercial banks in Nigeria and their managing directors 2017.
There are three major types of banks in Nigeria:
● Banks owned by the government
● Commercial Banks
● Private or Microfinance Banks
Commercial banks in Nigeria are financial institutions that offer all forms of financial services. These services include accepting deposits, basic investment products, and giving out of loans to both individuals and corporate entities. The Central Bank of Nigeria has total control of these banks and gives conditions and directives from time to time to regulate their activities. Following some new directives from the CBN in 2006, some of the commercial banks that couldn’t meet the requirements had to either stop operations or merge with other banks. Below is the list of the commercial banks in Nigeria as of 2017, with their head office addresses and the managing directors.
List of commercial banks in Nigeria
1. Access Bank.
Address of the head office - 999c, Danmole Street, Off Idejo Street, Off Adeola Odeku Street, Victoria Island, Lagos.
Managing Director - Mr. Herbert Wigwe.
2. CitiBank Nigeria.
Address of the head office - 27, Kofo Abayomi Street, Victoria Island, Lagos.
Managing Director - Mr. Akinsowon Dawodu.
3. Diamond Bank.
Address of the head office - Plot 1261, Adeola Hopewell Street, P.O.Box 70381, Victoria Island, Lagos.
Managing Director - Mr. Uzoma Dozie.
4. Ecobank Nigeria Plc.
Address of the head office - 21, Ahmadu Bello Way, Victoria Island, Lagos.
Managing Director - Mr. Jibril Aku.
5. Enterprise Bank.
Address of the head office - Plot 143, Ahmadu Bello way, Victoria Island, Lagos.
Mrs. Mary Akpobome (Acting Managing Director).
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6. Fidelity Bank.
Address of the head office - 2, Kofo Abayomi Street, Victoria Island Lagos.
Managing Director - Mr. Nnamdi Okonkwo.
7. First Bank Nigeria.
Address of the head office - Samuel Asabia House, 35, Marina, Lagos.
Managing Director - Dr. Adesola Kazeem Adeduntan.
8. First City Monument Bank (FCMB).
Address of the head office - Primrose Towers, 17A, Tinubu Street, P.O.Box 9117, Lagos State, Nigeria.
Managing Director - Mr. Ladipupo Balogun
9. Guaranty Trust Bank (GTB).
Address of the head office - 635, Akin Adesola Street, Victoria Island, Lagos, Nigeria.
Managing Director – Mr. Segun Agbaje
10. Heritage Bank.
Address of the head office - 292B, Ajose Adeogun Street, Victoria Island, Lagos.
Managing Director - Mr. Ifie Sekibo.
11. Keystone Bank.
Address of the head office - Keystone House, 1, Keystone Cresent, Victoria Island, Lagos.
Mr. Hafiz Ololade Bakare (Acting Managing Director).
12. Mainstreet Bank.
Address of the head office - Afribank Plaza, 14th Floor, 51/55, Broad Street, Lagos.
Managing Director - Mr. Faith Tuedor-Matthews.
13. Skye Bank.
Address of the head office - 3, Akin Adesola Street, Victoria Island, Lagos.
Managing Director - Mr. Adetokunbo Mukhail Abiru (Tokunbo).
14. Stanbic IBTC Bank.
Address of the head office - IBTC Place, Walter Carrington Cresent, Victoria Island, Lagos.
Managing Director - Dr. Demola Sogunle.
15. Standard Chartered Bank.
Address of the head office - Sterling Towers, 20, Marina, Lagos.
Managing Director – Mrs. Bola Adesola.
16. Sterling Bank.
Address of the head office - Sterling Towers, 20, Marina, Lagos.
Managing Director – Mr. Razack Adeyemi Adeola.
17. SunTrust Bank Nigeria.
Address of the head office - 1 Oladele Olashore Street, Victoria Island, Lagos.
Managing Director – Mr. Muhammad Jibrin.
18. Union Bank.
Address of the head office - Stallion Plaza 36, Marina P.M.B 2027 Lagos, Nigeria.
Managing Director - Mr. Emeka Emuwa
19. United Bank For Africa (UBA).
Address of the head office - 57, Marina, Lagos.
Managing Director - Mr. Kennedy Uzoka.
20. Unity Bank.
Address of the head office - Plot 497, Central Business District, Abogo Largema Street, Abuja.
Managing Director – Mrs. Oluwatomi Somefun
21. Wema Bank.
Address of the head office - Wema Towers 54, Marina, Lagos Island, Lagos.
Managing Director - Mr. Segun Oloketuyi
22. Zenith Bank.
Address of the head office - Plot 84, Ajose Adeogun Street, Victoria Island, Lagos.
Managing Director - Mr. Peter Amangbo.
These are the commercial banks in Nigeria according to Central Bank of Nigeria. We hope the article was interesting and useful to you.
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Source: Legit.ng