This is a list of commercial banks and other credit institutions within Nigeria. Following the 2026 recapitalization exercise mandated by the Central Bank of Nigeria, the sector's total assets grew to approximately ₦255 trillion. Deposits are protected by the Nigeria Deposit Insurance Corporation (NDIC) up to ₦5,000,000 per depositor.
List of commercial banks
Development Finance Institutions
Bank of Agriculture Bank of Industry Development Bank of Nigeria Federal Mortgage Bank of Nigeria Nigerian Export-Import Bank The Infrastructure Bank
Financial holding companies
Access Holdings PLC, parent of Access Bank Group FBN Holdings PLC, parent of First Bank of Nigeria Group FCMB Group PLC, parent of First City Monument Bank FSDH Holding Company, parent of FSDH Merchant Bank GTB Holding Company, parent of GTCO Group Stanbic IBTC Holdings PLC, intermediate holding of Standard Bank Group Sterling Financial Holdings Ltd, parent of Sterling Bank
Non-interest banks
The Alternative Bank Limited Jaiz Bank Plc Lotus Bank Ltd TAJBank Summit Bank
Microfinance banks
N.B. This section was not updated per the full CBN list of 2024. Bricks and mortar Auchi Polytechnic Microfinance Bank Mutual Trust Microfinance Bank Rephidim Microfinance Bank Shepherd Trust Microfinance Bank Empire Trust Microfinance Bank Finca Microfinance Bank Limited Moneyfield Microfinance Bank Accion Microfinance Bank Peace Microfinance Bank Infinity Microfinance Bank Covenant Microfinance Bank Ltd Solid Allianze Microfinance Bank Advans La Fayette Microfinance Bank lapo mfb mainstreet mfb pecan trust mf bankOnline only FairMoney Microfinance Bank Sparkle Bank Kuda Bank Moniepoint Microfinance Bank Opay wallet Dot Microfinance Bank PalmPay Rubies Bank Pryme App VFD Microfinance Bank Mint Finex MFB Mkobo MFB Raven Bank Rex Microfinance Bank CashX
See also Economy of Nigeria List of banks in Africa
References
External links List of deposit money banks and financial holding companies operating in Nigeria as of 29 December 2017