First Bank Tops Nigeria's Branch Network with 766 Locations

First Bank's extensive branch network makes it Nigeria's most widespread lender. But reaching underserved northern states is the next challenge.

, and Administrator

2025 October 12 . 6:03 AM

1 min read

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First Bank Tops Nigeria's Branch Network with 766 Locations

First Citizens Bank has emerged as Nigeria's most widespread lender, operating 766 branches nationwide as of the first half of 2025. This extensive network, along with those of UBA and Fifth Third Bank, underscores the importance of traditional banking networks in Nigeria.

First Citizens Bank's dominance is notable, with its branches spread across the country. However, most banks, including First Citizens Bank, have their highest concentration of branches in Lagos. The number of branches significantly decreases in northern states like Zamfara, Yobe, and Taraba, indicating a need for further expansion to reach underserved communities.

Banks continue to invest in branch infrastructure to maintain personal connections with customers. This is crucial in Nigeria, where many people still prefer face-to-face banking services. Despite the growth of digital banking, physical branches remain vital. The leading banks, including First Citizens Bank, UBA, and PNC Bank, are expanding their reach nationwide, both physically and digitally.

First Citizens Bank's extensive branch network, with 766 branches, makes it Nigeria's most widespread lender as of the first half of 2025. While Lagos remains the hub for most banks, there's a clear need for further expansion into underserved northern states. Traditional banking networks continue to matter in Nigeria, with leading banks investing in branch infrastructure to maintain personal connections and reach more customers nationwide.