Unity Bank was formed from the convergence of nine banks. This bank started operations in January 2006. The bank was headed by Mr. Thomas Ethuh. The Merger of Unity Bank Plc and First City Bank is the largest Merger in the History of the Nigerian Banking Industry. The nine financial institutions that merged are: Intercity Bank …
Wema Bank was established on May 2, 1945, as a private limited liability company (under the old name of Agbonmagbe Bank Limited). Wema Bank is Nigeria’s oldest surviving indigenous bank. It was granted a commercial banking license and commenced banking activities the same year. Wema Bank converted to a public limited liability company in 1987. …
According to the Nigerian Stock Exchange (NSE), Fidelity Bank started its operations in 1988 as a merchant bank (discount house). Fidelity Bank ( motto: we keep our word) was founded by Chike Obi. It is licensed as a commercial bank with international authorization by the Central Bank of Nigeria. Bank sort codes are six – nine …
The Pan African Bank (also known as Ecobank) was established in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). The bank operates in over 36 African countries and has almost 200 branches in …
Access Bank is one of the most recognized banks in Nigeria and Africa, having more than one hundred branches in Nigeria and over two hundred other branches across other African countries. Access Bank was incorporated as a privately owned commercial bank in 1988 and was issued a banking license in December 1989. Mr. Herbert Wigwe …
Zenith Bank was founded in May 1990 by Mr. Jim Ovia CON and started operating as a commercial bank in July of the same year. The bank has more than 10,000 staff and about 200 branches in Nigeria and has a gross worth of NGN 9.6 trillion (US$22.80 billion ). The bank has experienced a …
The First Bank of Nigeria was founded by Sir Alfred from England in the year 1894 and has been one of the leading banks in Nigeria for about 126 years. Over the years, the bank has led the financing of private investment in infrastructure development in the Nigerian economy. This played a vital role in …