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Business Directory ⇒ Banking / Finance ⇒ Bureau De Change ⇔ Nigeria

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Wema Bank PLC Marina Lagos Nigeria
Incorporated in 1945 as a Private Limited Liability Company (under the old name of Agbomagbe Bank Limited) and commencing banking operations in Nigeria the same year, Wema Bank later transformed into a Public Limited Company (PLC) in April 1987 and was listed on the floor of the Nigerian Stock Exchange (NSE) in January 1990. On February 5, 2001, Wema Bank Plc was granted a universal banking licence by the Central Bank of Nigeria (CBN), thus allowing the Bank provide the Nigerian public with diverse financial and business advisory services.

Union Bank of Nigeria Plc Marina Lagos
Union Bank of Nigeria Plc was established in 1917 as Colonial Bank with its first branch in Lagos. In 1925, Barclays Bank acquired the Colonial Bank, which resulted in the change of the Bank's name to Barclays Bank (Dominion, Colonial and Overseas). Following the enactment of the Companies Act 1968 and the legal requirement for all foreign subsidiaries to be incorporated locally, Barclays Bank (D C O) in 1969 was incorporated as Barclays Bank of Nigeria Limited.

Standard Chartered Bank Victoria Island, Lagos,
Standard Charteredre-entered Nigeria in 1999 and opened to customers on 15 September 1999 as awholly owned subsidiary of Standard Chartered Bank Plc, headquartered in UnitedKingdom. It now has Twenty-eight branches located in Lagos, PortHarcourt, Abuja, Ibadan, Kano, Kaduna, Maiduguri, Ota, Aba, Onitsha and Onneoffering a wide range of products and services in both consumer and wholesalebanking. It employs over 650 employees and sees Nigeria as a growth centre.

Sterling Bank PLC Lagos.
Sterling Bank Plc is a leading commercial banking establishment in Nigeria. It commenced operations as NAL Bank, the nationís pre-eminent investment banking institution in 1960. Following the indigenization decree of 1972, it became a government owned institution and was managed in partnership with Grindlays Bank Limited, Continental International Finance Company Illinois and American Express Bank Limited between 1974 and 1992.

Stanbic IBTC Bank PLC Victoria Island Lagos, Nigeria
The Standard Bank Group merged its Nigerian operations, Stanbic Bank Nigeria with that of IBTC Chartered Bank PLC. The merger, by way of the first ever tender offer in Nigeria and a $525 million FDI, the largest in Nigerian financial history, gave birth to a new entity now known as Stanbic IBTC Bank PLC which became part of the Standard Bank Group. The merger was officiated in August of this year and legalised on the 24th of September 2007.

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