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The Nigerian banking industry of the early 1990s was led by a select group of four major banks: Union Bank, First Bank, UBA, and Afribank. Foundation. In 1990 Jim Ovia founded Zenith bank plc to compete with the existing four major banks. Zenith Bank was established in May 1990 and commenced banking operations in July of the same year.
Jim Ovia. Jim James Ovia CFR CON (born 4 November 1951) is a Nigerian businessman and author. He is known as the founder of Zenith Bank in 1990, which is now the country's most profitable bank. [1] [2] In 2018 Ovia published what he described as an "entrepreneurial manual", Africa Rise and Shine. [2] His memoir also tells about his early life ...
Access Bank Plc. Fidelity Bank Plc. First City Monument Bank Limited. First Bank of Nigeria Limited. Guaranty Trust Holding Company Plc. Union Bank of Nigeria Plc. United Bank for Africa Plc. Zenith Bank Plc. This is a list of Commercial banks with National Authorization in Nigeria, arranged alphabetically: [1]
Intercontinental Bank was a large financial services provider in West Africa. As of December 2008, the bank's shareholder's equity was valued at approximately US$1.7 billion (NGN:261 billion). [2] The shares of stock of Intercontinental Bank were listed on the Nigerian Stock Exchange (NSE), where they traded under the symbol: INTERCONT.
The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959.
Access Bank Plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator. [1] Originally a corporate bank, they expanded into personal and business banking in 2012. Access Bank and Diamond Bank merged on April 1, 2019.
Guaranty Trust Bank Plc was established in 1990 as a limited liability company (LLC) regulated by the Central Bank of Nigeria to provide commercial and other banking services to Nigerians. The bank began operations as a commercial bank in 1991. The Bank inaugurated its first Head Office on February 11, 1991, at The Plaza, Adeyemo Alakija ...
Access Bank Group is a financial services conglomerate, headquartered in Nigeria, with subsidiaries in the Democratic Republic of the Congo, Ghana, Kenya, Nigeria, Rwanda, The Gambia, Guinea, Cameroon, Sierra Leone, Mozambique, Botswana, South Africa, Zambia, France and the United Kingdom. The group also maintains representative offices in ...