Number of branches rose 7.88% to 931 branches in Nigeria in 2020, according to the National Central Bank.
Historically, number of branches in Nigeria reached an all time high of 5,810 branches in 2011 and an all time low of 678 branches in 2017.
Nigeria has been ranked 22nd within the group of 62 countries we follow in terms of number of branches, 6 places above the position seen 10 years ago.
| Number of Banking Units (Branches) | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| Algeria | branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Benin | branches | ... | ... | ... | ... | 523 | 628 | 642 | 617 | 641 | ||||||||||||
| Burkina Faso | branches | ... | ... | ... | ... | 610 | 629 | 629 | 674 | 678 | ||||||||||||
| Cameroon | branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 806 | 853 | 1,012 | 1,087 | 995 | |||
| Central African Republic | branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Chad | branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Gabon | branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Libya | branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Mali | branches | ... | ... | ... | ... | 702 | 883 | 997 | 833 | 860 | ||||||||||||
| Niger | branches | ... | ... | ... | ... | 176 | 173 | 171 | 127 | 149 | ||||||||||||
| Nigeria | branches | ... | 1,023 | 1,267 | 1,245 | 678 | 807 | |||||||||||||||
| Sudan | branches | ... | ... | ... | ... | ... | ... | ... | ... | 48.0 | 80.0 | 86.0 | 91.0 | 94.0 | ... | ... | ||||||
| Togo | branches | ... | ... | ... | ... | 422 | 453 | 497 | 534 | 567 |
Helgi Library 
