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By kelpo14 • A year ago • 10064 • 1200

The banking sector of Nigeria is one of the richest and fastest growing in the country, it was established far back in the colonial era to meet the needs of the people commercially, right now it is regulated by the body called "central bank" which monitors them.

Here are the 5 richest banks in Nigeria.

1)Access Bank...

Networth-6.4 Trillion Naira

Access Bank is the richest bank in Nigeria, this great bank was founded and licensed by the central bank of Nigeria in 1989, it was listed on the Nigeria stock exchange in 1998.

Access Bank is presently one of the five largest banks in Nigeria in terms of assets, loans, deposits and branch network. The merger of Access Bank and Diamond Bank on 1 April 2019 has made Access Bank the largest bank in Africa, its headquarter is in Lagos which is the most commercial city in Nigeria.

2) Zenith Bank

Net worth - 5.9 Trillion Naira

This is currently the second largest Bank in Nigeria, established in 1990 by Jim ovia and currently headed by Ebenezer onyeagwu.

This bank has more than 500 branches all over nigeria and also one of the leading banks in some African countries such as Ghana, Gambia, Sierra Leone etc.

It's the second highest paying bank in Nigeria,

Their graduate trainees earn up to #45,000 in a month, contact staffs up to #60,000, and entry level staffs are also paid about #130,000 monthly.

3)First Bank

Net worth - 5.5 Trillion Naira

This is the oldest bank in Nigeria, founded in 1894 ,it is the biggest Bank in Nigeria in terms of gross earning, it has over 750 branches across the nation and international branches in countries like United kingdom, France etc.


Net worth - 4.8 Trillion Naira

UBA stands for United Bank for Africa, this is the leading pan African bank with over 450 branches all over the place, UBA has been operating in Africa since 1949, it is the best online Bank in Nigeria, it has remained in the forefront of technology innovation in the African banking space for a while now.

UBA has over 15 Million customers and they're one of the best paid banks too,Entry level staffs at UBA earn an average amount of #140,000 monthly while some top ranked officials are paid up to hundreds of thousands.


Net worth - 3.4 Trillion Naira

Guarantee Trust Bank is the full meaning of GTBank, it was licensed by the central bank of Nigeria in 1990 before officially starting off in 1991.

This bank has branches in many African countries like Kenya, Ghana, Gambia, Uganda, Liberia etc.

In July 2019, GTBank was recognized as the best bank in Africa at the annual Euromoney Awards for Excellence held in London. In the same year, it was adjudged the best bank in Nigeria for the ninth time.

GTBank is one of the best workers friendly Banks, their IT students are paid #45,000, whereas entry level staff receive up to #200,000.

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