Number of banks reached 24.0 banks in 2021 in Nigeria, according to the National Central Bank. This is 9.09% more than in the previous year.
Historically, number of banks in Nigeria reached an all time high of 90.0 banks in 2001 and an all time low of 19.0 banks in 2015.
Nigeria has been ranked 46th within the group of 92 countries we follow in terms of number of banks.
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