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Trading

List Of Investment Banks In Nigeria

Published by Gbaf News

Posted on October 31, 2012

1 min read

· Last updated: November 20, 2018

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Banking Digital banking fintech Central Banks

Access Bank

Afribank

Associated Investment Trust Microfinance Bank Limited

Bank of Industry

Bank PHB
Bauchi Investment Corporation Limited
Central Bank of Nigeria
Citibank
Diamond Bank
Ecobank
Equitorial Trust Bank
Federal Mortgage Bank of Nigeria
Fidelity Bank
FinBank
First Bank of Nigeria
FIRST CITY MONUMENT BANK PLC
Guaranty Trust Bank
Intercontinental Bank
Mainstreet Corporate Banking
Oceanic Bank
Savannah Bank
Skye Bank
Société Générale Bank of Nigeria
Spring Bank
Stanbic IBTC Bank PLC
Standard Chartered Bank
Sterling Bank
Union Bank of Nigeria
United Bank for Africa
Unity Bank
Urban Development Bank of Nigeria
Wema Bank
Zenith Bank

Key Takeaways

  • Nigeria hosts a diverse range of institutions offering investment banking, from commercial banks’ corporate divisions to dedicated merchant banks.
  • Many commercial banks listed also operate as universal banks offering investment banking services.
  • The list includes government-backed development finance institutions active in funding and advisory.
  • Several institutions (e.g., Skye Bank, Afribank) reflect historical entities or merged organizations, highlighting sector consolidation over time.

References

Frequently Asked Questions

What defines an investment bank in Nigeria?
Investment banks in Nigeria include dedicated merchant banks and investment divisions within commercial or development finance institutions offering services like capital raising, M&A advisory, and corporate finance.
Are all listed banks still operational?
No; some entities such as Afribank, Skye Bank, Bank PHB, and Savannah Bank have been merged, restructured, or absorbed due to reforms and consolidations.
Do commercial banks offer investment banking services?
Yes; many universal or commercial banks in Nigeria also offer investment banking services through specialized corporate finance or merchant banking divisions.

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