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Nigerian Banks

History of Nigerian Banks

In 1892 Nigeria's first bank, the African Banking Corporation, was established. No banking legislation existed until 1952, at which point Nigeria had three foreign banks (the Bank of British West Africa, Barclays Bank, and the British and French Bank) and two indigenous banks (the National Bank of Nigeria and the African Continental Bank) with a collective total of forty branches. A 1952 ordinance set standards, required reserve funds, established bank examinations, and provided for assistance to indigenous banks. Yet for decades after 1952, the growth of demand deposits was slowed by the Nigerian propensity to prefer cash and to distrust checks for debt settlements.

British colonial officials established the West African Currency Board in 1912 to help finance the export trade of foreign firms in West Africa and to issue a West African currency convertible to British pounds sterling. But colonial policies barred local investment of reserves, discouraged deposit expansion, precluded discretion for monetary management, and did nothing to train Africans in developing indigenous financial institutions. In 1952 several Nigerian members of the federal House of Assembly called for the establishment of a central bank to facilitate economic development. Although the motion was defeated, the colonial administration appointed a Bank of England official to study the issue. He advised against a central bank, questioning such a bank's effectiveness in an undeveloped capital market. In 1957 the Colonial Office sponsored another study that resulted in the establishment of a Nigerian central bank and the introduction of a Nigerian currency. The Nigerian pound (see Glossary), on a par with the pound sterling until the British currency's devaluation in 1967, was converted in 1973 to a decimal currency, the naira (N), equivalent to two old Nigerian pounds. The smallest unit of the new currency was the kobo, 100 of which equaled 1 naira. The naira, which exchanged for US$1.52 in January 1973 and again in March 1982 (or N0.67 = US$1), despite the floating exchange rate, depreciated relative to the United States dollar in the 1980s. The average exchange rate in 1990 was N8.004 = US$1. Depreciation accelerated after the creation of a second-tier foreign exchange market under World Bank structural adjustment in September 1986.

The Central Bank of Nigeria, which was statutorily independent of the federal government until 1968, began operations on July 1, 1959. Following a decade of struggle over the relationship between the government and the Central Bank, a 1968 military decree granted authority over banking and monetary policy to the Federal Executive Council. The role of the Central Bank, similar to that of central banks in North America and Western Europe, was to establish the Nigerian currency, control and regulate the banking system, serve as banker to other banks in Nigeria, and carry out the government's economic policy in the monetary field. This policy included control of bank credit growth, credit distribution by sector, cash reserve requirements for commercial banks, discount rates--interest rates the Central Bank charged commercial and merchant banks--and the ratio of banks' long-term assets to deposits. Changes in Central Bank restrictions on credit and monetary expansion affected total demand and income. For example, in 1988, as inflation accelerated, the Central Bank tried to restrain monetary growth.

During the civil war, the government limited and later suspended repatriation of dividends and profits, reduced foreign travel allowances for Nigerian citizens, limited the size of allowances to overseas public offices, required official permission for all foreign payments, and, in January 1968, issued new currency notes to replace those in circulation. Although in 1970 the Central Bank advised against dismantling of import and financial constraints too soon after the war, the oil boom soon permitted Nigeria to relax restrictions.

The three largest commercial banks held about one-third of total bank deposits. In 1973 the federal government undertook to acquire a 40-percent equity ownership of the three largest foreign banks. In 1976, under the second Nigerian Enterprises Promotion Decree requiring 60-percent indigenous holdings, the federal government acquired an additional 20-percent holding in the three largest foreign banks and 60-percent ownership in the other foreign banks. Yet indigenization did not change the management, control, and lending orientation toward international trade, particularly of foreign companies and their Nigerian subsidiaries of foreign banks.

At the end of 1988, the banking system consisted of the Central Bank of Nigeria, forty-two commercial banks, and twenty four merchant banks, a substantial increase since 1986. Merchant banks were allowed to open checking accounts for corporations only and could not accept deposits below N50,000. Commercial and merchant banks together had 1,500 branches in 1988, up from 1,000 in 1984. In 1988 commercial banks had assets of N52.2 billion compared to N12.6 billion for merchant banks in early 1988. In FY 1990 the government put N503 million into establishing community banks to encourage community development associations, cooperative societies, farmers' groups, patriotic unions, trade groups, and other local organizations, especially in rural areas.

Other financial institutions included government-owned specialized development banks: the Nigerian Industrial Development Bank, the Nigerian Bank for Commerce and Industry, and the Nigerian Agricultural Bank, as well as the Federal Savings Banks and the Federal Mortgage Bank. Also active in Nigeria were numerous insurance companies, pension funds, and finance and leasing companies. Nigeria also had a stock exchange (established in Lagos in 1961) and a number of stockbrokerage firms. The Securities and Exchange Commission (SEC) Decree of 1988 gave the Nigerian SEC powers to regulate and supervise the capital market. These powers included the right to revoke stockbroker registrations and approve or disapprove any new stock exchange. Established in 1988, the Nigerian Deposit Insurance Corporation increased confidence in the banks by protecting depositors against bank failures in licensed banks up to N50,000 in return for an annual bank premium of nearly 1 percent of total deposit liabilities.

Finance and insurance services represented more than 3 percent of Nigeria's GDP in 1988. Economists agree that services, consisting disproportionately of nonessential items, tend to expand as a share of national income as a national economy grows. However, Nigeria, lacked comparable statistics over an extended period, preventing generalizations about the service sector. Statistics indicate, nevertheless, that services went from 28.9 percent of GDP in 1981 to 31.1 percent in 1988, a period of no economic growth. In 1988 services comprised the following percentages of GDP: wholesale and retail trade, 17.1 percent; hotels and restaurants, less than 1 percent; housing, 2.0 percent; government services, 6. percent; real estate and business services, less than 1 percent; and other services, less than 1 percent.

Today, there are now a whole bunch of medium and large sized banks and financial institutions in Nigeria.

Here are links to the ones I could find...

 

Hillcrest Merchant Bank Limited
HILLCREST MERCHANT BANK LIMITED -Finance, Stocks, Loans, Credits, Funds & Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Inland Bank
Welcome to Inland Bank. Inland Bank (Nig) Plc: A 100% state-owned Bank with only one branch in 1988, when the domestic banking industry was undergoing some changes, has weathered the storm that by 1992, it got quoted on the Nigerian Stock Exchange (NSE) and subsequently became a Public Limited Liability company.   Presently, with 28 full branches, and 8 cash centres with an array of financial services, the Bank has come to be recognized among the key players in the Nigerian Banking Industry. capital, stocks, loans, credits, funds, naira, businesses.- Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments.

Intercontinental Bank Limited-
Intercontinental Bank Limited was founded in March 1989 as Nigerian Intercontinental Merchant Bank Limited, a wholesale bank established in response to the growing needs of an increasingly sophisticated banking public. We are committed to creating a highly profitable, diversified financial services company providing innovative, efficient and professional services... Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

International Credit Controller -
Cornerstone is highly experienced in international credit controls. The company sources and procures both finished goods and raw materials for the commerce and industry in Nigeria. Cornerstone business activities in credit controlling for would be exporter to Nigeria made it possible for Nigerian importers to import on credit terms.-Finances, Stocks, Loans, Credits, Funds & Banks

 Investment Banking & Trust Co.
Welcome to Investment Banking & Trust Company Limited Online. Investment Banking & Trust Company Limited is a full service merchant bank which commenced business on 1st March, 1989. Entirely owned and managed by Nigerian citizens, IBTC has established itself as Nigeria's most profitable merchant bank. -Finance, Stocks, Loans, Credits, Funds & Banks

Kakawa Discount House Limited  
KDH seeks to be a leading financial institution excelling in the provision of a wide range of creative financial securities using highly skilled professionals and state-of-the-art technology. -Finance, Stocks, Loans, Credits, Funds & Banks.

Liberty Bank Plc
Welcome to LIBERTY MERCHANT BANK LIMITED . The bank that offers promising investment opportunities in Nigeria. LIBERTY MERCHANT BANK LIMITED (LMB) provides consistent , innovative, excellent , comprehensive and traditional merchant banking services to the commercial and industrial sectors of the Nigerian economy, and internationally too. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

 Lion Bank of Nigeria Plc -
This company is involved in commercial banking Organisation Type: Registered in: Listing(s): Market Name Business Sector(s): Managing Director: Mr SPY Gang. Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments...

Manny Bank Plc
MannyBank  Plc has competitively positioned itself to render value-added services that meet its customers' business needs.  The Bank has built a culture that ensures provision of excellent, speedy, efficient and reliable services to its numerous customers on a consistent basis. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

Midas Merchant Bank Limited: The company was incorporated on 17th May, 1990 and commenced operation on 2nd October, 1990. It is privately owned 100% by Nigerians and its principal activity is to provide merchant banking services. Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

MIDLAND EURO
24 Hour Online spot Global Foreign exchange clearing firm. Trade Currencies online. Registered Futures Commission Merchant. Citibank client accounts. No Commissions. Free DEMO, news & charts.Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Money at the Speed of the Internet
Send money to Nigeria at the speed of the Internet. MoneyNett® offers financial services through selected banks world wide. Through our online system, you can now send money over the Internet easily and safely to family and friends in participating countries. Just use your existing checking account or credit card to get started. News, Funds, Banking, Money Transfer, Email Access.

 NAL Merchant Bank PLC
NAL has, in it's nearly four decades of banking experience, enjoyed the confidence and patronage of a select and distinguished clientele within and outside Nigeria. This confidence is the product of consistency in the security, stability and quality of the services offered by the Bank.- Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments.

NairaExchange.com
 With Naira Exhange service you can send money from around the world to friends and family in Nigeria and to enable both individual and businesses to pay for their foreign purchases in Naira - right from your computer. The service is designed to make sending money to and from Nigeria quicker and easy. Banks, Finances, Money Transfers, Payments, Buyers, Currency Trades, Buyers, Currencies, houses, merchants, businesses, investments, Goods, Properties, etc.

National Bank Of Nigeria
n 1933, we opened our doors as one of the first indigenous Nigerian banks. We had a vision to create wealth for our customers by providing timely transparent and efficient financial services.National Bank of Nigeria helped the cocoa industry, by providing much needed financial services to indigenous farmers, marketers and exporters. Come to the new National Bank and experience a renewed commitment.- capital, stocks, loans, credits, funds, naira, businesses.- Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

 Nigeriassets Home
Nigeriassets.com features Major economic, financial and banking data, Monetary, credit, foreign trade, and exchange policy guidelines, and information on doing business in Nigeria. -Finance, Stocks, Loans, Credits, Funds & Banks.

Nigeria Investment.com
This website provides information needed to make sound  investment decision regarding Nigeria, from how to set up shop in black Africa's biggest economy to how to repatriate funds. Nigeria, Lagos, Abuja, investment, oil, gas, agriculture, FDI, Africa, politics, development, trade, Finance, Stocks, Loans, Credits, investors, funds, loans, banks, small businesses, businesses.

Nigeria moves to smart cards-
Nigeria moves to smart cards Kingsley Kubeyinje LAGOS - Nigeria will launch itself into the global "electronic wallet" age on June 1 when a consortium of 19 local banks flags off the operation of the multibillion naira smart card project.  

Nigeria: TRADE AND PROJECT FINANCING
Nigeria TRADE AND PROJECT FINANCING VIII. TRADE AND PROJECT FINANCING BANKING SYSTEM Nigeria operates a fairly open banking system. There are over 90 banks in Nigeria in three categories: Commercial, Merchant, Industrial or Development Banks. 

Nigeria Webervertiser: Finance - Banks -
NIGERIA WEBVERTISER Financial Services -- Banks

Nigerian-American Merchant Bank Limited
NIGERIAN-AMERICAN MERCHANT BANK LIMITED. -Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Nigerian Banks Online - Nigerian Banks Online First Bank Of Nigeria All States Trust Bank Equitorial Trust Bank First Securities FBN (Merchant Bankers) NAL (Merchant Bankers) Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Nigerian Bank Says Smart Cards Safer Than Cash
People that use banks, security is critical. In response, Nigerian Privacy Statement Technology News Nigerian Bank Says Smart Cards Safer... Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Nigerian Commercial Banks
Commercial Banks Afribank Nigeria Plc 94 Broad Street, P.M.B 12021, Lagos, Nigeria Tel:266-4135, 266-2301 African Continental Bank 106/108 Broad Street, Lagos, Nigeria Tel: 266-4091, 266-4163 Allied Bank Of Nigeria Plc Allied House 155/161, Broad..Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Nigerian Inter-continental Bank
Committed to providing a highly profitable & diversified financial services to the Nigerian Community. Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Nigeria Investment Promotion Commission
Nigeria is Africa's most dynamic economy and has vast array of investment opportunities. NIPC was established as an agency for investors.

NIGERIAN STOCK EXCHANGE -
TECHNOLOGY Stocks are quoted in Nigerian Naira LAST TRANSACTION THIS YEAR EARNINGS PER HIGHEST VALUE LOWEST VALUE INTERLINKED TECHNOLOGIES Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Oceanic Bank International (Nigeria) Limited
Welcome to Oceanic Bank International (Nigeria) Limited. International banking, Wholesale Banking, export services, treasury & financial services, foreign exchange, loan advances, etc.-funds, capital, finances, banks, businesses.SPOT sales and purchases, Foreign Currency Bidding and procurement from the Central Bank of Nigeria subject to regulatory requirements. Letters of Credit, Bills for collection and other innovative Trade finance structures, Forward and Swap Transactions, Foreign Currency Domiciliary Accounts, Forward FX transactions.

OMNI FINANCE & INVESTMENT GROUP NEWSLETTER 11
Banks holding distressed debt issued and/or guaranteed by Nigerian ...the 1973 oil shock, many commercial banks suddenly found themselves with...

OMO Auction Notice
CENTRAL BANK OF NIGERIA, LAGOS. NOTICE NO OMO/S/14/00 OPEN MARKET OPERATIONS SALE OF TREASURY BILLS The Central Bank of Nigeria announces for the information of discount houses, banks, other financial institutions and the general public that it is..

Online Banks Nigeria - The most comprehensive collection of financial institutions in Nigeria
Online Banking in Nigeria, African Banking, E-Commerce in Nigeria, Banking in Africa. Nigeria, Investments, Banks, Online Banking in Nigeria, Tourism, Money Matters,Africa, Nigeria, Naira, Investement, Investors, Portals, Search Directory, Funds, Money, Securities, Stocks, Bonds, Banks, Insurance Houses.

Peak Merchant Bank Limited   
Peak is staffed with a cream of carefully selected, highly skilled, seasoned and experienced career and professional bankers. The bank’s atmosphere provides rewarding interpersonal relationships, creates growth opportunities and challenging responsibilities.  At Peak, we believe that efficient banking requires superior product skills, dedication to excellence and quality in everything we do. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

Pierre B. - Finance
Worldwide Financial Services.Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Platinum Bank Limited
Our core purpose is to be a model and innovative financial services institution where, together with passion, we create superior value for our customer by redefining service standards. International banking, export services, treasury & financial services, foreign exchange, loan advances, etc.-funds, capital, finances, banks, businesses.

Prudent Bank         
Prudentbank is a commercial bank offering specialized and differentiated products and services in major commercial centers in Nigeria. The Bank’s core target market is made up of traders, professionals, small and medium enterprises, and other operators in the middle-market segment of the economy. We offer uniquely designed and competitive services to individuals, Private Organizations, Financial institutions, Governments, and Public Agencies. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

Regent Bank PLC
The emergence of Regent Bank on the Nigerian financial landscape is a manifestation of the new confidence foreign investors now have in Nigeria and her emerging stable polity. Visit our home page to read more... bank, banks, banking, banking center, banking centers, finance, financial, financial institution, financial planning, invest, investing, investment, investment advice, investment advisers, investors, checking, checking account, checking accounts, cds, certificate of deposit, certificates of deposit, savings, savings account, savings accounts, public, public banking, public bank, online banking, bank online, online, net, net banking, internet, internat banking, consumer loans, home equity, electronic, electronic banking, ebanking, automobile loan, saving card, paycard, diamond paycard, dibs, dsa, valucard, business banking, small business banking, business checking, business savings, business center, online business.

Reliance Bank        
Reliance Bank Limited was incorporated as a Limited Liability Company on 10th October, 2000 with Registration Certificate (RC) No 392783, obtained its banking License on 21st December, 2000 and commenced full banking operations in January, 2001. It has a fully issued and paid up capital of NI.0 Billion. The Bank is owned 20% by Nigerian Investors (corporate and individuals) and 80% by foreign investors (Corporate and individuals),  Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

Reserve-Bank.com - Banks World Wide - Listing by Country
Home Central Banks Banks Worldwide Bookstore Discussion Forum Disclaimer Banks in Nigeria Allstates Trust Bank Limited Ecobank Nigeria Equitorial Trust Bank Limited First Bank of Nigeria (FBN) Merchant Bankers First City Merchant Bank First...

SecTrust Homepage
Securities Transactions Trust Company Limited SecTrust was incorporated in December 1994 as a Private Limited Liability Company and offers services in securities trading, portfolio management, investment advisory Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Send money at the speed of the Internet
A 24 hour,7 days a week website for money transfer to Nigeria in a fast, safe and totally secure enviroment. Visit us today and experience money transfer at the speed of the Internet.

SmartPay Nigeria Dot Com
SmartPay is the premiere payment organization in Nigeria. With over 32 member banks, SmartPay is focused on delivering the most effective tools for effective payment in the commercial and consumer sectors of the economy. The member banks issue SmartPay cards which are used to pay for goods and services with participating merchants nationwide and SmartPay Web Accounts for global online purchasing.-Payment, banks, cards, credit card, deposit, security, ID, Identification Services, SmartPay and MasterCard cards Home Banking Products, Pay by Phone Products, ATM Services, E-Government, E-procurement and E-tendering products

Societe Generale Bank (Nigeria) Limited, SGBN         
is one of Nigeria's first privately owned commercial bank. It commenced full banking operations on 16th August 1977 and was one of those banks that pioneered computerised banking in the country. The bank has recently repositioned itself by reengineering operations, improving processes and utilising highly skilled/professional staff to deliver efficient customer service. Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Stanbic Bank of Nigeria Limited         
Our mission is to be the best financial services group in Nigeria with the most satisfied customers. Stanbic Bank Nigeria opened in 1984 as Grindlays Merchant Bank of Nigeria.We changed our name to Stanbic Bank Nigeria in 1992. The bank caters to large multinationals and corporates through its branches in Abuja, Ikeja, Kano, Lagos and Port Harcourt. Banks, finances, stocks, bonds, shares, houses, merchants, businesses, investments Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

Standard Chartered Bank Nigeria Home
Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in 40 countries. The three principal business groups are Treasury, Personal Banking and Corporate and Institutional Banking. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

Standard Trust Bank Limited
Standard Trust Bank Limited is a full-fledged commercial bank offering delightful services to the banking public through our on-line Business Offices across the country. The bank has over 80 branches offering delightful services to the banking public through her on-line real-time network. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

Trade Bank PLC
Trade Bank is a publicly quoted Commercial Bank incorporated in May 1985 and granted license to operate on 20th March, 1987, but opened for business on 2nd April, 1987. With headquarters in Ilorin, we have a network of branches spread throughout the whole country as could be seen from the list of our branches attached to this letter. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Commercial Banks, Merchant

TRADE REGULATIONS
Correspondents on behalf of Nigerian banks, on presentation of the bank regulations. All licensed commercial banks and merchant banks have...

United Bank For Africa (UBA) PLC  
 WANT TO SEND MONEY TO SOMEONE IN NIGERIA OR RECEIVE MONEY FROM SOMEONE OVERSEAS? Then use the MoneyGramsm service. This is a fast, safe and reliable way to send money around the world. There is no other service to match it for speed and simplicity. Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Union Bank of Nigeria
Welcome to Union Bank of Nigeria Plc. Union bank is the largest fully indegenious bank in Nigeria in terms of assets,deposits and annual turnover among the banks quoted on the Nigerian Stock Exchange today. - Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Union Investment Link - International Money Transfer Company
Union Investment Link, Inc. is an international money transfer and investment company. UIL provides financial services such as; buying and selling of stocks and bonds through Nigerian Stock Exchange. Loans, banks, investment, capital, finances, Stocks, Shares, Equities, Wall Street, Funds, Businesses, Investment Bankers, Portfolio, Money Transfer, Funds Transfer, Money Remittance, Naira, Union, Union Investment Link ,Union Investment etc.

United Bank For Africa (UBA) PLC
 The United Bank for Africa Plc (UBA) is one of Nigeria’s top three commercial banks. It was establised in 1961 by a consortium of five international banks to take over the banking business carried on in Nigeria since 1949 by the British and French Bank Limited. Banks, Finances, stocks, bonds, shares, houses, merchants, businesses, investments

Universal Trust Bank
The success story of UTB as an efficient and responsive Bank is predicated on foresight, dedication and teamwork. Every individual in the UTB workforce is a professional, linked through a common business goal which is satisfying our clients and customers banking needs at all times through productive team spirit- Loans, banks, investment, capital, finances, businesses, etc

Volker Securities & Investments Ltd
 The company possesses an unrivalled understanding of business in West Africa as a whole and Nigeria in particular. In this most difficult and dynamic of markets, Volker's strong network of influential contacts and its passionate belief in the future of this region, provide investors and other strategic partners with a portal for new or improved business opportunities. Business development, Nigerian business development, nigerian business opportunities, nigerian investment, Nigeria, West Afrca, sub-Sahara, Healthcare, Industrial Chemicals, Agrochemicals, Veterinary, Household Consumer Products, Oil, Gas, Coal Mining, Banking, Insurance, Distribution, Security, Management Services.

Wema Bank
Wema Bank Plc was incorporated as a private limited liability company in May 1945 and commenced commercial banking business in the same year. It is the oldest indigenous commercial bank in Nigeria.  Wema Bank Plc is an associate company of O’dua Investment Company Ltd, which has a 31% equity stake in the Bank. Businesses, Finance, Banks, Loans, Transactions, Trades, Exporters, Importers, Education, Student Loans, Stocks, Shares, Savings, Market, Trading Loans, Traders, Marketers, Equity, Traveler Checks, Cheques, Import, Export, Personal Loans, Investment, Bonds, Mortgage Loans, Finances, Online Banking, Home Banking, Bankers, Commercial Banks, Merchant.

World Bank: Nigeria Page
Includes analyses and Statistics of Nigerian Economic and Development Issues Published by the World Bank Group.

Zenith Bank
Zenith International Bank Limited is the fourth largest bank in Nigeria.  The Bank Offers a wide range of financial services on an online real time basis in branches all over the country. Since its establishment as a Commercial Bank in May 1990, the bank's focus has been on large corporate and top tier names in virtually all the sectors of the Nigerian economy. 

Miscellaneous
 

Afribank Nigeria Plc Chartered Bank Continental Trust Bank Limited Diamond Bank Limited IMB International Bank Plc Intercontinental Bank Limited Lead Merchant Bank Midas Merchant Bank Standard Chartered United Bank for Africa Plc. Zenith Bank Ltd.
Allstates Trust Bank Limited
Ecobank Nigeria
Equitorial Trust Bank Limited
First Bank of Nigeria (FBN) Merchant Bankers
First City Merchant Bank
First Securities Discount House Limited (FSDH)
Guaranty Trust Bank Plc
Gulf Bank of Nigeria
Invertment Banking & Trust Company (IBTC)
Liberty Merchant Bank Limited
NAL Merchant Bank PLC
Stanbic Merchant Bank Nigeria Limited
 

 

  

 

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