List of banks in Nigeria

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

Financial holding companies

Non-interest banks

Microfinance banks

N.B. This section was not updated per the full CBN list of 2024.

Bricks and mortar
  1. Auchi Polytechnic Microfinance Bank
  2. Mutual Trust Microfinance Bank
  3. Rephidim Microfinance Bank
  4. Shepherd Trust Microfinance Bank
  5. Empire Trust Microfinance Bank
  6. Finca Microfinance Bank Limited
  7. Moneyfield Microfinance Bank
  8. Accion Microfinance Bank
  9. Peace Microfinance Bank
  10. Infinity Microfinance Bank
  11. Covenant Microfinance Bank Ltd
  12. Solid Allianze Microfinance Bank
  13. Advans La Fayette Microfinance Bank
  14. lapo mfb[clarification needed]
  15. mainstreet mfb[clarification needed]
  16. pecan trust mf bank[clarification needed]
Online only
  1. FairMoney Microfinance Bank
  2. Sparkle Bank
  3. Kuda Bank
  4. Moniepoint Microfinance Bank
  5. Opay wallet
  6. Dot Microfinance Bank
  7. PalmPay
  8. Rubies Bank
  9. Pryme App
  10. VFD Microfinance Bank
  11. Mint Finex MFB
  12. Mkobo MFB
  13. Raven Bank
  14. Rex Microfinance Bank
  15. CashX
  16. Wayve Microfinance Bank

See also

References

  1. ↑ "Banks in Nigeria: Sector Assets and NDIC Coverage". finnaija.ng. Retrieved 27 April 2026.
  2. ↑ "Financial Institutions". Central Bank of Nigeria. Retrieved 21 December 2024.
  3. ↑ "Advans La Fayette Microfinance Bank | About Us". Advans Nigeria. Retrieved 30 October 2024.