World Bank · Financial Sector

Nigeria: Bank concentration

59.32percent · 2021+31.0% since 2011

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope. Annual figures for Nigeria from 2000 to 2021.

20002021

Every year

YearValue (percent)Note
202159.32
202044.591
201944.069
201839.969
201741.185
201640.494
201537.647
201440.009
201340.05
201239.101
201145.266
201084.715
200978.038
200878.255
200776.033
200671.086
200558.965
200436.106
200323.409
200223.324
200123.521
200027.45

Source

Published by World Bank, produced by BvD. Licence: CC BY 4.0. Retrieved 2026-11-05.

The dataset for every country, with quality and provenance →

Cite or download

World Bank (2026). Bank concentration. Interva. https://interva.co/dataset/worldbank-bank-concentration (accessed 2026-11-07). catalog snapshot 2026-11-05.

CSV, all countriesJSON, NigeriaAPI and MCP

Bank concentration in other countries

Rank Nigeria against its region, see where publishers disagree, or ask a question in plain words on the Interva desk.

Nigeria: Bank concentration (2000–2021) · Interva