There are over 30 banks in Nigeria currently; while some are known in Nigeria, Africa, some are known globally. There has always been competition between these numerous banks, but the number one bank in Nigeria will be discussed below.
The number one bank in Nigeria was
choose based on the scale of their net worth, assets, number of customers, year of establishment, and others, which is no other bank than Zenith bank.
Zenith Bank was founded in 1990 and accredited by the Central Bank Of Nigeria. It was listed as a public limited liability company in 2004, also listed by the Nigerian Stock Exchange and London stock exchange.
The bank has over 1.6 million customers, with nothing less than 7,500 staff, all over Nigeria; it has about 439 branches, 189 cash centers, 2,043 Automated Teller machines, centers all over Nigeria. It also has subsidiary branches outside Nigeria in; Gambia, South Africa, Ghana, Sierra Leone, United Kingdom, China, Benin Republic, and United Arab Emirates (Dubai).
Services offered by the zenith bank are;
• SME banking
• Cash Management services
• Commercial Banking services
• Private and Private banking
• Corporate investment
• Foreign exchange
• Treasury
• Trade services
• other financial services.
The total income made by the bank in the year 2020 was found to be about 240.37 billion Naira, while its calculated net worth is about 8.67 trillion in 2021, and it sits at number 454 on the list of Top 1000 banks rankings in the world.