 | |
| Company type | Private company |
|---|---|
| Industry | Banking |
| Founded | 2021 |
| Headquarters | Lagos, Nigeria |
Number of locations | 53 branches (2024) |
Key people |
|
| Products |
|
Number of employees | 300 - 500 |
| Website | lotusbank |
LOTUS Bank is a non-interest and ethical bank in Nigeria. [3] It is the third non-interest bank established in Nigeria [4] and the first that started operations from the southern part of the country headquartered in Lagos. [5]
The institution was founded in 2021, as Lotus Bank Limited. [6] On 17 June 2021, Lotus Bank limited received a license from the Central Bank of Nigeria, the national banking regulator, to operate as a non-interest bank. [7] On 7 July 2021, the institution commenced operations in 3 branches in Lagos. [8] [9] [10]
First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos. FCMB Group Plc has nine subsidiaries divided among three business groups: commercial and retail banking, investment banking, and asset and wealth management. As of December 2020, the group's total assets were valued at US$5 billion.
Zenith Bank Plc is a major financial services provider in Nigeria and Anglophone West Africa, headquartered in Victoria Island, Lagos. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator.
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Kingsley Chiedu Moghalu OON is a Nigerian political economist and the President of the African School of Governance (ASG), a pan-African graduate school focused on public policy and governance based in Kigali, Rwanda. He served as Deputy Governor of the Central Bank of Nigeria, appointed by President Umaru Musa Yar'Adua, from 2009 to 2014. He subsequently taught at Tufts University as Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy from 2015 to 2017. He was the presidential candidate of the Young Progressive Party (YPP) in the country's general election in February 2019.
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