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Business & Economy - Page 8 of 8 - ProbitasNews

List of eight banks CBN permits to operate internationally, while others operate national, regional status

There are at least 33 banks in Nigeria, according to data from the Central Bank of Nigeria. These banks’ operating licenses range; some have national or regional licenses, while others function as merchant banks. The Central Bank of Nigeria gave eight of the 33 banks permission to conduct business internationally. Following is a list of Nigerian banks along with the types of licenses they hold as of December 2021. Banks that are permitted to open...