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Number of Banking Units (Branches) in Nigeria

Source: IMF
Last Updated: April 1, 2022

Number of branches reached 931 branches in 2020 in Nigeria, according to the National Central Bank. This is 7.88% more than in the previous year.

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.

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