Company lists · Data refreshed September 2026

Top 9 Development banks based in Nigeria

RevenueBase identified 30 development banks headquartered in Nigeria as of September 2026 and tracks 5,101 professional contacts across them, including 2,523 with verified work emails. Abuja is the largest hub.

This list covers development banks headquartered in Nigeria, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 16, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 16, 2026 86% judged on-target in blind review
30Companies
5,101Contacts tracked
2,523Verified emails
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The 9 largest development banks based in Nigeria

Ranked by team size
Top 9 of 30 development banks based in Nigeria, ranked by team size, largest first. Data refreshed Sep 16, 2026. RevenueBase Smart Search rates how each company's information relates to development banks: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceLagos State, NigeriaHQ checked Sep 16, 20265,001-10,0003,924 contacts →

Indirect evidence

“Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by…”

Source: RevenueBase Database · checked Sep 16, 2026
2Partial evidenceKaduna, NigeriaHQ checked Sep 16, 20261,001-5,000430 contacts →

Partial evidence

“Bank of Agriculture Limited (BoA), is Nigeria's apex agriculture and rural development finance institution.”

Source: RevenueBase Database · checked Sep 16, 2026
3Indirect evidenceIkoyi, NigeriaHQ checked Sep 16, 202651-200237 contacts →

Indirect evidence

“AFC is an investment grade multilateral finance institution that was established in 2007 to catalyze private sector-led infrastructure investment across Africa.”

Source: RevenueBase Database · checked Sep 16, 2026
4Partial evidenceMaitama, NigeriaHQ checked Sep 16, 202651-20086 contacts →

Partial evidence

“The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing…”

Source: RevenueBase Database · checked Sep 16, 2026
5Indirect evidenceLekki, NigeriaHQ checked Sep 16, 202651-20053 contacts →

Indirect evidence

“Assets Microfinance Bank is a fully licensed deposit mobilization bank on a mission to better understand people who, up until now, have been ignored or exploited by mainstream…”

Source: RevenueBase Database · checked Sep 16, 2026
6Partial evidenceAbuja, NigeriaHQ checked Sep 16, 202651-20027 contacts →

Partial evidence

“The Infrastructure Bank PLC (formerly known as Urban Development Bank of Nigeria Plc) was established in 1992 under Decree 51, as Urban Development Bank Ltd.”

Source: RevenueBase Database · checked Sep 16, 2026
7Partial evidenceLagos, NigeriaHQ checked Sep 16, 202611-5012 contacts →

Partial evidence

“Berkshire Finance Company Limited (“Berkshire”) is set up to play complementary roles to banks with a focus on offering strategic advisory solutions, high-yielding investment…”

Source: RevenueBase Database · checked Sep 16, 2026
8Partial evidenceVictoria Island, NigeriaHQ checked Sep 16, 202611-5011 contacts →

Partial evidence

“Impact Credit Guarantee Limited (ICGL) is a wholly owned subsidiary of the Development Bank of Nigeria plc (DBN) set-up through a project with the World Bank to provide guarantee…”

Source: RevenueBase Database · checked Sep 16, 2026
9Indirect evidenceAbuja, NigeriaHQ checked Sep 16, 20261-105 contacts →

Indirect evidence

“Impact investment & wholesale lending for SDGs.”

Source: RevenueBase Database · checked Sep 16, 2026

Showing 9 of 30 development banks based in Nigeria

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Development banks based in Nigeria at a glance

As of Sep 16, 2026
49.5%Verified-email coverage
170.0Average contacts per company
51-200Median size (employees)
13.3%Largest-city concentration · Abuja
Sep 16, 2026Page data refreshed

Companies by employee count

1-10
3
11-50
5
51-200
17
201-500
3
1,001-5,000
1
5,001-10,000
1

Email recency for this list is measured worldwide rather than for Nigeria, so it is reported there. Company counts and contact totals on this page are exact for Nigeria, over 30 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among development banks, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Nigeria whose own description of what they do matches “development banks”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names development banks), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among development banks, and records with no verified work email. Companies headquartered outside Nigeria are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 2,523 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 16, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names development banks, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many development banks are there based in Nigeria?

RevenueBase identified 30 development banks headquartered in Nigeria as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Ecobank Nigeria, headquartered in Lagos State Lagos State, tops this list with the largest team on record.

Which city has the most development banks?

Abuja leads with 4 headquartered companies, followed by Abeokuta (2) and Abuja Fct (2).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 2,523 verified decision-maker contacts tracked across these 30 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 16, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.