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It has been a very challenging time for us in the country — Tinubu

President Bola Tinubu has said that the last one year of his administration has been quite challenging.

President Tinubu who said this at the inauguration of engineering infrastructure in Guzape District Lot II, in Abuja, noted that his administration has been retooling and rejigging the country’s financial system to bring prosperity and relief to the people.
He also said that his administration is prioritizing people-focused development by providing essential infrastructure and amenities that will improve the quality of life of the people.

Tinubu said;

“Minister Nyesom Wike has provided exceptional leadership at a trying time for the country. It has been a very challenging time for us in the country. We are still retooling and rejigging our financial system to bring prosperity and relief to the people of this country.

“You have demonstrated the capacity to build a team, lead a team, and deliver on promises. I commend you. To all of you here, to the District Head of Guzape, and the representatives, litigation is not the answer. Compensation is the answer.

“Development that is focused on the people for economic prosperity and benefits is what we should pursue.”

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Here Is A List Of Licensed Deposit Money Banks In Nigeria

Here are Banks with international authorisation:

1. Access Bank Limited,
2. Fidelity Bank Plc,
3. First City Monument Bank Limited,
4. First Bank Nigeria Limited,
5. Guaranty Trust Bank Limited,
6. United Bank of Africa Plc, and
7. Zenith Bank Plc.

Here are Commercial banks with national authorisation:

1. Citibank Nigeria Limited,
2. Ecobank Nigeria Limited,
3. Heritage Bank Plc,
4. Globus Bank Limited,
5. Keystone Bank Limited,
6. Polaris Bank Limited,
7. Stanbic IBTC Bank Limited,
8. Standard Chartered Bank Limited,
9. Sterling Bank Limited,
10. Titan Trust Bank Limited,
11. Union Bank of Nigeria Plc,
12. Unity Bank Plc,
13. Wema Bank Plc,
14. Premium Trust Bank Limited and
15. Optimus Bank Limited.

Here are Commercial banks with regional licenses:

1. Providus Bank Limited,
2. Parallex Bank Limited,
3. Suntrust Bank Nigeria Limited, and
4. Signature Bank Limited.

Here are players in the non-interest banking sector with national authorisation:

1. Jaiz Bank Plc,
2. Taj Bank Limited,
3. Lotus Bank Limited, and
4. Alternative Bank Limited.

Here is a list of Marchant Banking Licence with National Authorization

1. Coronation Merchant Bank Limited,
2. FBN Merchant Bank Limited,
3. FSDH Merchant Bank Limited,
4. Greenwich Merchant Bank Limited,
5. Nova Merchant Bank Limited, and
6. Rand Merchant Bank Limited.

Here are the financial holding companies listed

1. Access Holdings Plc,
2. FBN Holdings Plc,
3. FCMB Group Plc,
4. FSDH Holding Company Limited,
5. Guaranty Trust Holding Company Plc,
6. Stanbic IBTC Holdings Plc, and
7. Sterling Financial Holdings Limited.