Only 12 states in Nigeria have up to 100 commercial bank branches

Ten states in Nigeria account for 67% of all commercial bank branches. Lagos has over 1,000 branches, while no other state has more than 350. Thirteen states have less than 50 branches each, and Yobe, Ebonyi, and Taraba each have less than 25.

Source:

The Nigerian Financial Services Market Report

Period:

2023
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Total microfinance deposits in Kenya only grew 1.66% CAGR over 10 years, ending at KSh 43.0B
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