Buhari cancels trip to edo

President Buhari departs Paris for Abuja after a 5 day Official visit to Paris on 14th Nov 2018

as COAS Annual Conference now hold in Maiduguri
President Muhammadu Buhari’s visit to Edo on Tuesday may have been cancelled as the Chief of Army Staff (COAS) Annual Conference, initially billed to hold in Benin City has been shifted to Maiduguri, Borno State.

President Buhari
during the unveiling of the plaque as he commissions
Portharcourt International Airport Terminal Building in Rivers State on
25th Oct 2018

President Buhari’s aide on New Media, Alhaji Bashir Ahmad, confirmed this development on his tweeter handle on Sunday evening.

He said: “President Muhammadu Buhari is expected to declare the COAS Annual Conference on Nov. 28, 2018 at the Conference Hall CGH in Maiduguri, Borno state.

“The conference was earlier scheduled to take place from 26 -28 November 2018 in Benin, Edo state.

The arrangements had been completed by Edo State Government to host President Buhari on Nov. 27 where he was billed to inaugurate the Edo-Azura Power Plant and grace the Chief of Army Staff (COAS) Annual Conference.

Highest Oil Producing States In Nigeria Top5

Nigeria is a country that is highly blessed with oil, gas and other mineral resources which has been a great source of income to Nigeria as a country. The oil and gas industry in Nigeria is the largest on the African continent.

In this article I will be talking on highest oil  producing states in  Nigeria.  The oil sector is important, as government revenues and foreign exchange still heavily rely on this sector; it remains in fact a small part of the country’s overall diversified economy.As of 2016, Nigeria’s oil sector contributes about 90% to its economy.

Oil is produced by a part of the country known as the Niger-Delta region. This is where most of the Nigerian oil comes from.Some of the states that make up the Niger-Delta region include Edo, Bayelsa, Rivers, Cross Rivers, Delta, Akwa-Ibom, Ondo, Abia, Imo and Anambra States.

However, not all states in Nigeria are oil producing state.

This region is also referred to as the South-South region of Nigeria and is made up of more than 40 ethnic groups including Ijaws, Itsekiris, Urhobos, Isokos, Kalabari, Efik, Ibibio, Esan, Igbo, Oron, Annang, Yoruba, Ogoja and Ukwuani.

The top 5 Oil and Gas producing states in Nigeria include-:

1. Akwa-Ibom

The first Oil and Gas producing states in Nigeria is Akwa- Ibom which is currently the largest oil producing state in Nigeria after displacing Rivers state from this position. It is located in the coastal area of Nigeria and is populated by over 5 million people according to the last census.

Akwa-Ibom is bordered by Rivers State, Cross River State and Abia State. Akwa-Ibom state also shares a boundary with the Atlantic Ocean. The capital of Akwa Ibom, Uyo is said to be one of the most beautiful cities in Nigeria and attracts a lot of tourists yearly.

Akwa-Ibom also has a very rich cultural heritage and history among which are the Oron Museum, Ibeno Sand beach and the Mary Slessor House. Apart from oil, Akwa-Ibom state also has some other natural resources such as clay, coal, silver nitrate, limestone, glass sand and salt. Akwa- Ibom is divided into 31 local government areas and is dominated by three ethnic groups, Oron, Annang and Ibibio.

2. Rivers

The second Oil and Gas producing states in Nigeria is Rivers state, which was the largest oil producing state in Nigeria before Akwa-Ibom took over. It is one of the most populous states in Nigeria with a population of over 5 million people according to the 2006 census. Rivers state has its capital as Port-Harcourt and is bordered by Imo, Anambra, Abia, Bayelsa and Delta States.

Rivers state is also bounded by the Atlantic Ocean on the south. Some of the major ethnic groups in Rivers state include Kalabari, Okrika, Ogoni, Ikwerre, Ibani and Opobo. There are a total of 23 local government areas in Rivers state currently.

3. Delta

The third Oil and Gas producing states in Nigeria is Delta state  It remains one of the highest oil producing states as well as one of the richest states in Nigeria. It is also located in the Niger-Delta region of Nigeria and is composed of 25 local government areas. Warri is the heart of Delta State and is also home to one of the petroleum refineries in Nigeria. Some of the major ethnic groups in Delta State are The Urhobos, Isokos and the Itsekiris.

4. Bayelsa

Another Oil and Gas producing states in Nigeria is Bayelsa State which was carved out of Rivers and Delta in 1996 .It is also amongst the major oil producing states responsible for producing 80% of Nigeria’s crude oil resources. It is also one of the least populated states in Nigeria with only about 1.9 million residents. Bayelsa State has its capital as Yenagoa and made up of four major ethnic groups namely- Ogbia, Nembe, Izon and Epie- Atissa.

5. Cross River

The fifth largest oil producing state in Nigeria is Cross River state. Cross River State is a coastal state in South South Nigeria, named after the Cross River, which passes through the state. Located in the Niger Delta .It is named about the popular river, Cross which originates in Cameroon. The capital of Cross River is Calabar and Cross River shares a boundary with Cameroon. It shares boundaries with Benue State to the north, Ebonyi and Abia States to the west.

I hope this article is helpful to you that have read,but if you have any question make use of the commen box.

THE MOST EDUCATED COUNTRIES IN THE WORLD

Education is one of the vital factors that contribute to the progress of society, in underdeveloped and developing nations, where literacy rate is not as high; a number of people are still living below the poverty line. Some countries (such as Japan and South Korea) have progressively maintained remarkable positions within the category of education systems; these are countries with very high literacy rates. These countries are extremely prosperous and the citizens have a high per capita income. Education is vital for the economic prosperity of a nation.

In this article, I want to unveil to you the most educated countries in the world. If you want to find out the most educated and most literate country in the world, we believe this post is perfectly made for you, so read on.

Top 20 Most Educated Countries In The World

• 1. Japan

The first most educated country happens to be Japan; research has shown that Japanese students are consistently rank highly among (OECD) students in terms of quality and performance in reading literacy, math, and sciences. The average student scored 540 in reading literacy, maths and science in the OECD’s Programme for International Student Assessment (PISA) and the country has one of the world’s highest-educated labour forces among OECD countries. Its populace is well educated and its society highly values education as a platform for social mobility and for gaining employment in the country’s high-tech economy. The country’s large pool of highly educated and skilled individuals is largely responsible for ushering Japan’s post-war economic growth.

For three consecutive quarters, Japan has remained the best country in terms of education. Regarded as the country with the best education system in the world, Japan merits this spot as its government vigorously pumps substantial funds into the academic sector. Moreover, the Japanese education system adopts sophisticated technology in imparting knowledge to students.

• 2. South Korea

The second most educated country is South Korea. South Korea is one of the top-performing OECD countries in reading literacy, mathematics and sciences with the average student scoring 542. The country has one of the world’s highest-educated labour forces among OECD countries. The country is well known for its obsession with education, which has come to be called “education fever”. The resource-poor nation is consistently ranked amongst the top for global education. In the 2014 national rankings of students’ math and science scores by the Organization for Economic Cooperation and Development (OECD), South Korea ranked second place worldwide. South Korea outclasses Japan based on some of the criteria for ranking the world’s best education systems. However, Japan still claims the first spot (above South Korea and other countries) in view of its massive spending aimed at promoting early childhood education. Therefore, South Korea maintains the second spot just behind its toughest counterpart –Japan.

• 3. United Kingdom

Traditionally a high-performing country in international rankings of education, the UK has stagnated in recent years in such rankings as the Programme for International Student Assessment (PISA) tests; in 2013 for reading and maths the country as a whole stood in the middle-rankings, a position broadly similar to three years before. Within the UK Scotland performed marginally better than England; both were slightly ahead of Northern Ireland and markedly ahead of Wales. However these results contradict those of the education and publishing firm Pearson published in 2014, which placed the UK in second place across European countries and sixth worldwide; these rankings took account of higher-education graduate rates, which may have accounted for the higher ranking than in PISA UK actually merits a top position on this list majorly as a result of its steady academic advancement. At the same time, the United Kingdom has the best education system in the entirety of Europe. Each of the members (such as England and Wales) under the United Kingdom has contributed immensely to the academic phase of the country and this is actually why UK deserves no less than the third position among the world’s most educated countries.

• 4. Singapore

Singapore is best rated for its impressive primary education and this has given it a significant edge in the attempt to outclass UK’s education system. For considerable years, Singapore has maintained a remarkable education system and records show that the country’s education system might displace that of the United Kingdom anytime soon.

• 5. Russia

The literacy rate in Russia, according to a 2015 estimate by the Central Intelligence Agency, is 99.7% (99.7% men, 99.6% women). According to a 2016 OECD estimate, 54% of Russia’s adults (25- to 64-year-olds) have attained a tertiary education, giving Russia the second highest attainment of college-level education in the world. 47.7% have completed secondary education (the full 11-year course); 26.5% have completed middle school (9 years) and 8.1% have elementary education (at least 4 years). Highest rates of tertiary education, 24.7% are recorded among women aged 35–39 years (compared to 19.5% for men of the same age bracket).

To some people, Russia should have claimed a greater rank than the fifth position –or simply considered the most educated country in the world. With a lack of adequate spending on childhood education being its major weakness, some observers believe Russia doesn’t deserve anything above the fifth position.

• 6. Finland

Early childhood education is not mandatory in Finland, but is used by almost everyone.Looking at each of the criteria for ranking the most educated countries, Finland misses out on the first position but again, the country has managed to appear among the top 20 countries with the best education system due to its considerable investment in education. Also noteworthy is that Finland isn’t ranked beyond the sixth position due to its childhood education that lacks adequate standards.

7. Canada

Education is compulsory up to the age of 16 in every province in Canada, except for Manitoba, Ontario, and New Brunswick, where the compulsory age is 18, or as soon as a high school diploma has been achieved. Canada should have merited more than this position but the fact that the country barely pays attention to adequate childhood education has deprived it of a much better global academic stance. Significantly, Canada is the highest producer of college graduates across the globe and this is obviously why the country is worthy of mention herein.

• 8. Netherlands

The Programme for International Student Assessment (PISA), coordinated by the Organization for Economic Co-operation and Development (OECD), ranks the education in the Netherlands as the 9th best in the world as of 2008, being significantly higher than the OECD average. On a certain ground, Netherland should have claimed a better position at the expense of the countries above but its inadequate out-turn of high school graduates reduces its academic prestige and deprives it of a better rate. On the other hand, Netherland spends massively in promoting early childhood education but this alone is not enough to give the country a position better than this.

9. Ireland

Although Ireland’s education system is associated with some advancement, the country doesn’t merit any position better than this because its government hardly focuses on the swift development of early childhood education. If the Irish government could fortify the country’s early childhood education, Ireland would bridge its competition amidst the other countries ranked above it.

• 10. Israel

Israel’s populace is well educated and Israeli society highly values education. Education is a core value in Jewish culture and in Israeli society at large with many Israeli parents sacrificing their own personal comforts and financial resources to provide their children with the highest standards of education possible. Much of the Israeli Jewish population seek education as a passport to a decent job and a middle class paycheck in the country’s competitive high-tech economy. Jewish parents especially mothers take great responsibility to inculcate the value of education in their children at a young age Finland is believed to have adopted the Israeli education system in modifying its own system of providing education. Meanwhile, Israel is restricted to the tenth position majorly because its government is yet to invest considerably in the advancement of early childhood education.

• 11. China

As regards China’s gargantuan population (regarded as the largest in the world), the country is considered one of the global largest education systems. While China has phenomenally expanded basic education for its people, quadrupling its output of college graduates in the past decade, it has also created a system that discriminates against its less wealthy and well-connected citizens, thwarting social mobility at every step with bureaucratic and financial barriers. A huge gap in educational opportunities between students from rural areas and those from cities is one of the main culprits. Some 60 million students in rural schools are ‘left-behind’ children, cared for by their grandparents as their parents seek work in faraway cities. While many of their urban peers attend schools equipped with state-of-the-art facilities and well-trained teachers, rural students often huddle in decrepit school buildings and struggle to grasp advanced subjects such as English and chemistry amid a dearth of qualified instructors.

Impressively, the Chinese academic sector still manages to appear in the category of the world’s best education systems. However, China doesn’t make the Top 10 mainly because the Chinese government spends less on early childhood education. Also, there is no massive number of students competing for high school enrollments.

• 12. New Zealand

Primary and secondary education in New Zealand runs from aged 5 to aged 19, with school compulsory between 6 and 16. There are three types of secondary schools in New Zealand: state schools educate approximately 85% of students, state-integrated schools — private schools that have been integrated into the state but keep their special charter — educate 12%, and private schools educate 3%.

New Zealand is associated with poor academic performances at the primary level and unfortunately, this constitutes the reasons why the country is never on a par with either of the countries ranked among the top 10 best educated countries in the world.

• 13. Norway

Like New Zealand, Norway is restricted to a lower position because it is largely associated with poor academic performances at the primary level. If not for this drawback, Norway should have ranked higher than this because it’s other academic levels show excellence. Not as successful as their neighboring country Finland, Norway’s education system is very good, the only weakness is at the primary education student test scores.

• 14. Belgium

Belgium has four different genres of secondary schools, namely general secondary schools, technical secondary schools, vocational secondary education schools, and art secondary education institutions. The Fulbright Commission in the US, which organizes student exchanges with Belgium and Luxembourg, says: “Education enjoys high priority, and the largest share of the regional governments’ annual budget in Belgium.

Complete systems of public and private schools are available to all children between the ages of 4 and 18, at little or no cost.” Initially, Belgium’s education system showed some excellent performance but at a later time, the Belgian government reduced its academic investment. Consequently, the Belgian education system was driven backwards.

• 15. Germany

History has shown Germany has a very strong education system, however, over the last couple of decades; they’ve fallen behind other countries in addressing social change within the country, the German government has failed to keep social change within its grips and this has reduced the academic prestige of Germany.

16. Denmark

Denmark is rather brilliant in the aspect of childhood education, the country is still observed as maintaining average standards in all academic levels and this is why it isn’t worth being ranked high.

• 17. Estonia

Estonia has been doing well in both early childhood and primary aspects of education. Estonia spends around 4% of its GDP on education, according to 2015 figures. The country’s 1992 Education Act says that the goals of education are “to create favorable conditions for the development of personality, family and the Estonian nation; to promote the development of ethnic minorities, economic, political and cultural life in Estonia and the preservation of nature in the global economic and cultural context; to teach the values of citizenship; and to set up the prerequisites for creating a tradition of lifelong learning nation-wide.” Meanwhile, it is quite surprising that the country manages to rank better than the United States in terms of education.

• 18. U.S.A

Some observers might frown at the certainty that the United States of America is kept within the 18th position as regards the most educated countries in the world. Although the United States has global influence and is considered one of the richest countries, it is yet to focus highly on early childhood education and improve on its out-turn of high school graduates.

• 19. France

France claims a significant point in terms of early childhood education. However, it has failed to rank well on this list due to its negligence towards the other academic levels such as high education. Early-Childhood commitment to prepare children for entrance into primary school is impressive. The problem starts with primary levels due to the country’s growing multicultural population. Consequently, the country hasn’t achieved any remarkable feat beyond early childhood education.

• 20. Portugal

Portugal should have ranked well if not for the setbacks the European Union has posed to it.  The countries high school graduation rate reported by OECD’s 2012 (100%) is being challenged by EU, which conclude Portugal’s weak economy state. As a result of this, the country is plagued by a controversial out-turn of high school graduates. Without any doubt, Portugal claims the last and twentieth spot on the list of top 20 best education systems in the world.

That’s all on the Top 20 Most Educated Countries in The World 2017 / 2018. I know that this information may be of help to you but if there seems to be any question please use the comment box tank you.

How To Send Money From Nigeria To Another Country Via MoneyGram, Paypal & Western Union

In this article,you will learn how to send money from Nigeria to any other Country in the world, United Kingdom, United State, Libya, Cameroun, Ghana, South Africa, Uganda, USA, Canada, Europe, Kenya, Philippines, UAE, Malaysia, Germany, Dubai, Indonesia, Jamaica, China, Pakistan, India.

In this article you will learn four basic cheap methods of sending money from Nigeria to USA, UK and another country through MoneyGram, Paypal, Western Union and Domiciliary account transfer.

Transferring or sending money from Nigeria to any other another country has now been made very easy especially with the New CBN revised guidelines for International Money Transfer Services which now allow commercial banks in Nigerian to initiate Outbound Money Transfer services to ease the stress of sending money from Nigeria to person(s) outside the shores of Nigeria.

Receiving money that has been sent to Nigeria from other country like USA, CANADA or any other European country is  more easier than to send money from Nigeria to other country, this because almost all commercial Nigeria banks are under the inbound money transfer services guideline as provided by Central Bank of Nigeria.

Under this inbound money transfer policy, a person living outside Nigeria can send money to an individual in Nigeria but the reverse is not the case for those living in Nigeria

The  Outbound money transfer regulation by CBN came up as a result of the negative perception about Nigeria being a country for money laundering and others fraudulent activities and this has badly affected. Also Nigerians who wish to send money to their family members, relatives, friends, make payment for conference registration and those who are into the business of importation of goods and service from other countries continue to find it difficult.

HOW TO SEND MONEY FROM NIGERIA TO ANY COUNTRY IN THE WORLD

The Only CBN licensed operators able to send money from Nigeria Central Bank of Nigeria (CBN) are

• Money Gram International and
• Western Union Money Transfer Services Operators (IMTOs)

Before now most people thinks that moneygram and western union is the only is the operators through which money can be send from Nigeria to another country. i have listed two additional options via which you can use to send money from Nigeria to other country making it totally easy to transfer money from here

Western Union Money Transfer

There are 5,000 Western Union outlets in Nigeria, 22 licensed banks and 905 micro-finance banks. Among these banks, about 70% of them already serve as agents to Western Union although they are a licensed operator their agent service relationship is limited, the last time i tried sending money through western union money transfer services to other country it actually didn’t work

FIRST BANK OF NIGERIA PLC is the only Outbound Money Transfer licensed bank. You can actually send money from Nigeria to another country through Firstbank’s western union money transfer service.

First Bank Of Nigeria Western Union Money Transfer Requirement.

• Your receiver’s location and bank details
• Identification
• Cash

How To Send Money Through Domiciliary account

If you thinking of the easiest way to send money, your domiciliary account fund transfer still remain one of the best options. To be able to send money from Nigeria to another country through a domiciliary account, you need to have or open a domiciliary account. If you want open a domiciliary in Nigeria, you can open a domiciliary account with Gtbank, Firstbank, Zenith bank, diamond bank or UBA follow the link to learn about domiciliary account

A domiciliary account is a special foreign currency account that allows bank costumer save money in US Dollars, Pounds Sterling or Euro with you been able to withdraw the hard cash or exchange the  money at the prevailing exchange rate. A Dom account helps in facilitating your international business transactions and is funded through travellers cheques, lodgement of foreign currency cheques, cash inflows and cash deposits. Domiciliary account can be good and effective when big amount of money is to be send from Nigeria to another country.

How to send money from Nigeria to another country using GTbank domiciliary account

To send money from Nigeria to UK , United State, Cameroun, Ghana, South Africa, Uganda, USA, Canada, Europe, Kenya, Philippines, UAE, Malaysia, Germany, Dubai, Indonesia, Jamaica, China, India, Egypt, Pakistan or any country in the world through GTbank domiciliary account;

• Visit any GTbank branch nearest to you.
• Locate their customer service Reps and request that you want to transfer from your domiciliary account to another account abroad. You will be directed to the right person in charge.
• A money transfer form will be given to fill recipient’s account name, account number, name of the bank and branch name, SWIFT CODE, Routing Number, amount to be transferred and your own bank details. Fill the form and wherever you are confused, don’t hesitate to ask question.

As I said before, “if the money you will transfer abroad is more than what you have in your domiciliary account, you have to pay in extra money into your domiciliary account. Meanwhile, GTbank are NOT into currency conversion, therefore you have to convert the money (the naira form) you will pay into your domiciliary account to its equivalent international accepted standard currency. You can do this at Firstbank, black market or any other financial institutions that are into money exchange”.

• Submit the form and you’re done. Within 48-72hours, you receive an SMS that the money have been deducted from your DOM account and transferred to the overseas account

How to send money from Nigeria to another country through MoneyGram International

MoneyGram give you a great opportunity to send money from Nigeria. With more 300,000 outlets in over 200 country locations, partnering with UBA with over 700 business offices in 19 African countries and offices in New York, London MoneyGram still remain the best answer to the questions of How to send money from Nigeria to another country cheaply.

Banks like Ecobank, UBA, First Bank, Access Bank, Sterling Bank, Fidelity Bank, Skye Bank, Keystone Bank, Enterprise Bank, Mainstreet Bank, Diamond Bank and Wema Bank are some of the banks which allows you to send money from Nigeria to another country through MoneyGram International.

How to send money from Nigeria to another country through PayPal money transfer.

If you want to transfer money from Nigeria to another country through PayPal, you need have a verified PayPal account. Currently, only Firstbank of Nigeria provides PayPal account services to its customers.

Paypal is one of the top online money processor in the world which allows business owners and individuals to make and receive international payments cheaply and easily. platforms like Amazon, eBay, and other top e-Commerce websites has adopted Paypal as their prefered payment processor and this has allowed paypal to grow that it now boasts of more than 100 million paypal users worldwide”.

One you have successfully opened and verified your paypal account with FirstBank plc, you can easily login into your Firstbank PayPal account through FirstOnline (first bank internet banking platform) and make your money transfer to any country

You can use the comment box below to ask your questions and comments

Top 10 Best Banks In Nigeria Banking Sectors

In this article, I want to unveil to you the best banks in Nigeria banking sector and the role of a bank in the Nigeria economy.If you want to find out the leading banks within Nigeria’s banking sector, we believe this post is perfectly made for you. So, read on as we bring you the names of these top banks starting from the first to the ultimate bank.According to the modern growth theory, the banking system through their function of financial inter mediation plays a vital role in economic growth of both developed and developing economies.

Financial inter mediation is the process in which financial institutions particularly commercial banks mobilize money from surplus economic units in the form of savings and channel such funds to the deficit units or sectors of the economy who are in need of funds to carryout useful economic activities through loans or mortgages.Through this process and other vital functions that commercial banks perform, they positively influence economic growth in the following ways.

List of the Top 10 Best Banks in Nigeria

1. Guaranty Trust Bank Plc {GTBank}

The first one on or list here is Guaranty Trust Bank or popularly called in  a shorten GTBank and precisely, it claims the greatest spot on this list. Guaranty Trust Bank plc was incorporated as a limited liability company licensed to provide commercial and other banking services to the Nigerian public in 1990 and commenced operations in February 1991.

In September 1996, Guaranty Trust Bank plc became a publicly quoted company and won the Nigerian Stock Exchange President’s Merit award. In February 2002, the Bank was granted a universal banking license and later appointed a settlement bank by the Central Bank of Nigeria (CBN) in 2003.

Guaranty Trust Bank undertook its second share offering in 2004 and raised over N11 billion from Nigerian Investors to expand its operations.

On 26 July 2007 GTBank became the very first sub-Saharan bank and first Nigerian joint stock company to be listed on London Stock Exchange and Deutsche Börse. The IPO raised US$750,000,000.

Since it was set up in 1990, GTBank has constantly broadened its customer base and presently, it maintains an unrivalled feat as the best Nigerian bank. Having acquired assets estimated at $11.77trillion altogether, GTBank buttresses its banking services by operating across all 36 Nigerian States through its subsidiaries. Based on reports, GTBank currently has a massive staff of 10,000 members.

2. First Bank Plc {FBN}

Another best leading banks within Nigeria’s banking sector we want to talk about is First Bank of Nigeria, sometimes referred to as FirstBank, is a Nigerian multinational bank and financial services headquartered in Lagos. It is the biggest bank in Nigeria by total deposits and gross earnings and operates a network of over 750 business locations across Africa, the United Kingdom and representative offices in Abu Dhabi, Beijing and Johannesburg set up to capture trade-related business between geographies. It specialises in retail banking and has the largest retail client base in Nigeria. In 2015, The Asian Banker awarded First Bank the Best Retail Bank in Nigeria award for the fifth consecutive year. Other than its notability as one of Nigeria’s leading banks, First Bank happens to be first banking institution to be established in Nigeria.

Established in 1894, First Bank previously adopted the name Bank of West Africa. Meanwhile, the banking institution phased out the name in 1979 and replaced it with First Bank of Nigeria Plc.

For innumerable years, First Bank has remained an active banking institution spanning its banking operations across and beyond the borders of Nigeria. And quite impressively, the bank now has subsidiaries in the United Kingdom and across several West African countries including Senegal, Ghana, Sierra Leone and the Gambia. Just a little behind GTBank, First Bank happens to be the second biggest Nigerian bank with its total assets estimated to be worth $21.3 billion.

3. Ecobank Nigeria

Another best leading banks within Nigeria’s banking sector we want to talk about is Ecobank Nigeria. Ecobank Nigeria is a member of Ecobank, the leading independent pan-African bank, headquartered in Lomé, Togo, with affiliates in West, Central and East Africa. Ecobank, which was established in 1985, has grown to a network of over 1,000 branches, employing over 10,000 people, with offices in 32 countries including Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, the Central African Republic, Chad, the Republic of Congo, the Democratic Republic of Congo, Côte d’Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Mali, Malawi, Niger, Nigeria, Rwanda, Sao Tome, Senegal, Sierra Leone, Togo, Uganda, Zambia and Zimbabwe. Ecobank also maintains a banking subsidiary in Paris and representative offices in Johannesburg, Dubai and London Ecobank is a remarkable bank with banking operations spiraling across the globe. Currently, Ecobank delivers its banking services with the help of a staff comprising over 19,000 members. Also, the bank’s assets are believed to worth $20.0 billion.

4. Zenith Bank of Nigeria Plc

Another best leading banks within Nigeria’s banking sector we want to talk about is Zenith Bank,zenith bank As it is popularly known  is a Nigerian multinational financial services provider. It is licensed as a commercial bank, by the Central Bank of Nigeria, the central bankand national banking regulator. Zenith Bank is a large financial service provider in Nigeria and Anglophone West Africa. As at 31 December 2016, its total assets was ₦:4,739,825 million with shareholders’ equity of ₦:616,353 million.  The shares of stock of the company are listed on the Nigeria Stock Exchange and the London Stock Exchange.

Zenith Bank was established in 1990. With over 500 subsidiaries, Zenith Bank delivers its banking services in the United Kingdom and across West African countries including The Gambia, Sierra Leone, Ghana and Nigeria. Zenith Bank is actively committed to quality banking services and with the help of its staff (comprising over 6,600 members), the bank has been able to acquire many customers –particularly in Nigeria. In assets, Zenith Bank is believed to have acquired nearly $15.7 billion.

5. Access Bank Plc

Established in 1989, Access Bank appears among the leading Nigerian banks with a massive staff (estimated in excess of 9,000 employees) and numerous subsidiaries.

Another best leading banks within Nigeria’s banking sector we want to talk about is Access bank ,Originally a corporate bank, the organization acquired personal and business banking platforms from Nigeria’s International Commercial bank in 2012. Access Bank is presently one of the five largest banks in Nigeria in terms of assets, loans, deposits and branch network. With respect to this, the bank operates within Nigeria through the backbone of over 300 branches. Besides Nigeria, Access Bank delivers banking services with the help of its branches based in Sierra Leone, Zambia, Congo and the United Kingdom. In assets, Access Bank Plc boasts of $12.6 billion.

6. United Bank for Africa

Another best leading banks within Nigeria’s banking sector we want to talk about is United Bank for Africa.

This bank assumes the acronym UBA and happens to be one of Nigeria’s longest-serving banks. Established in 1949, United Bank for Africa (UBA) Plc is one of Africa’s largest financial institutions with operations in 19 African countries and 3 global financial centers; New York, London and Paris.

UBA has more than eight million customers and 700 business offices globally.Meanwhile, this remarkable stance emerges through the help of its subsidiaries exceeding 600 branches. To substantiate how a multitude of people have benefitted from its banking services, UBA is declared with a total of 7 million customers.Believed to have emanated from the mutual partnership between Continental Trust Bank Limited and Standard Trust Bank Plc, UBA has acquired sumptuous assets currently valued at $12.3 billion.

7. Diamond Bank Plc

Another best leading banks within Nigeria’s banking sector we want to talk about is diamond bank,With nearly 240 Nigerian subsidiaries, Diamond Bank maintains its position as one of the contemporary Nigerian banks which have extended their operations across foreign territories. Apart from Nigeria, Diamond Bank currently operates in African countries inclusive of Ivory Coast, Republic of Benin and Senegal.

Today, Diamond Bank is best placed to respond to changing lifestyles and is leading the digital transformation in response to these societal shifts. For example, Diamond Mobile is Africa’s leading banking app and the first with touch ID.

Moreover, Diamond Bank happens to be one of the remarkable banking institutions established in 1990 [others being Zenith Bank and GTBank). The Bank also has a strong Corporate Banking offering that is helping to fuel growth across Nigeria through supporting businesses, redefining the country’s 21st century economy. As of now, Diamond Bank constantly gears its efforts towards widening its customer base by providing great banking facilities. At the same time, the bank is declared with the total assets of $7.3 billion.

8. Union Bank of Nigeria

Another best leading banks within Nigeria’s banking sector we want to talk about is Union Bank, which remains one of the oldest Nigerian banks with its remarkable presence on this exclusive list. Historically, Union Bank is believed to have stemmed from Barclays Bank established in 1917. In July 2009, it was rated the 556th largest bank in the world and the 14th largest bank in Africa. As of June 2012, the bank’s asset base was estimated at US$6.784 billion (NGN:1.049 trillion). The shareholders’ equity at that time was estimated at US$1.22 billion (NGN:188.4 billion) Currently, the bank has broadened its ambit through numerous Nigerian branches and its total assets are valued in excess of $6.8 million.

9. Fidelity Bank

Having evolved the Fidelity Bank actively has imbibed its Corporate social responsibility(CSR) as a core function of its banking services. It established the Fidelity Helping Hands Programme, where its area of focus is education, the environment and the health and social welfare. It has over the years actively engaged and supported through its CSR, activities aimed at improving its area of focus through the Fidelity Helping Hands Programme.

The former Fidelity Union Merchant Limited established in 1988, Fidelity Bank appears on this list as one of Nigeria’s strongest and most reliable banks. Presently, it carries out banking operations with the support of its 220 global subsidiaries. Likewise, it has constantly extended its customer base and now has 2.3 million customers. Very importantly, Fidelity Bank currently boasts of assets estimated at $6.31 billion altogether.

10. Skye Bank

The last and not the least on our list on this article is Skye Bank known for large financial services provider in West Africa and Central Africa. With headquarters in Nigeria, the bank maintains subsidiaries in Sierra Leone, the Gambia, the Republic of Guinea, Liberia, Angola and Equatorial Guinea. As of September 2010, the bank’s total assets were valued in excess of US$3.9 billion (NGN:611.5 billion), with shareholders’ equity of approximately US$630 million (NGN:98.4 billion).

Skye Bank came into inception in 1989 and has magnified its operations across Nigeria with the help of 260 subsidiaries. Meanwhile, the bank has managed to expand its Nigerian customers and is currently declared with the total assets of $3.9 billion.

There you have it for Best Banks in Nigeria, Top 10 List {Latest Ranking}.Please note that this post is subject to change knowing the fact that business update are made annually.Share your thought and suggestion through the comment box