The Banking Industry in Nigeria has seen unprecedented growth in the past few years with all major banks of Africa opening their branches in Nigeria. The Major Banks in Nigeria are the Afribank, First Bank Nigeria Plc, EcoBank, Oceania Bank International, Union Banking Nigeria, Stanbic Bank and the Magnum bank.
First Bank Nigeria Plc: It is one of the largest banks in Nigeria with over 30 branches.
Afribank: In terms of both assets and profits, it is one of the leading banks.
Ecobank: It is a very famous bank all over Africa and has operations in about 14 countries all over Africa.
Magnum Bank: It has operations in about 27 locations in Nigeria.
Oceania Bank International: This bank has a very impressive clientele ranging from Government employees to high net worth individuals.
Stanbic Bank: The bank is famous not just in Nigeria but in the other parts of Africa as well. It is even listed on the Johannesburg Securities Exchange.
Union Banking Nigeria: The bank started its operations in 1917 and has since expanded to become one of the most powerful banks in Nigeria.
The kind of opportunities in the banking sector in Nigeria are immense as it is a growing economy. Managers are required to be branch managers, power managers, infrastructure managers as well as Assets management managers. Thus graduates in finance and banking are highly sought after. Apart from these, the engineers are also required to help in the operations of every branch of a particular bank. Chartered Stockbrokers, Chartered Accountants, Business Analysts, MBA, CFA, Bsc or Msc in statistics, economics or finance are also offered jobs. Professionals with work experience in the banking sector of about two to five years are preferred while giving jobs.