Regulatory Alerts2004-12-16 | BSD-15-2004YEAR 2004 CHRISTIAN PILGRIMAGE RE:PURCHASE OF PILGRIMS' TRAVELING ALLOWANCE (PTA) IN SAUDI RIYADS TRAVELLERS' CHEQUES
The table below provides a summary of the total number of branches for each bank across Nigeria's 36 states and the FCT. The bank with the most branches is Bank of the North Limited, which has 51 branches across Nigeria. FBN Holdings Plc (FirstBank) has the second-most branches with 401, followed by United Bank for Africa Plc with 389 branches. Other major banks such as Zenith Bank International PLC and Guaranty Trust Bank Plc have fewer branches in total across Nigeria. | Rank | Name of Bank | Total Number of Branches Across Nigeria's 36 States & FCT | |------|-----------------------------------------------------|-------------------------------------------------------| | 1 | BANK OF THE NORTH LIMITED | 51 | | 2 | FBN HOLDINGS PLC (FirstBank) | 401 | | 3 | UNITED BANK FOR AFRICA PLC | 389 | | 4 | ZENITH BANK INTERNATIONAL PLC | 352 | | 5 | GUARANTY TRUST BANK PLC | 310 | | 6 | UNION BANK OF NIGERIA PLC | 307 | | 7 | STANDARD CHARTERED BANK NIGERIA LTD | 298 | | 8 | ACCESS BANK PLC | 245 | | 9 | ECOBANK TRANSNACTIONAL INTERNATIONAL PLC | 210 | | 10 | FCMB GROUP PLC (First City Monument Bank) | 205 | This means, if you need to conduct banking transactions, it's better and efficient to visit a branch of one of these banks as they have more branches spread across Nigeria. These banks also offer various financial services like savings accounts, fixed deposits, current accounts, loans, credit cards, etc.
09 61637804 09 61637802 E-mail address:ted@cenbank.org Our Ref: TED/AD/147/2004 December 15, 2004 TO: ALL AUTHORISED DEALERS YEAR 2005 HAJJ PILGRIMAGE RE: PURCHASE OF PILGRIMS' TRAVELLING ALLOWANCE (PTA) IN SAUDI RIYADS TRAVELLERS' CHEQUES The following details are notified for the information of all Authorised Dealers in respect of the 2005 Hajj Operation.
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The Federal Government has fixed the number of Muslims including officials, who are allowed to perform the Hajj pilgrimage in 2005 at 65,000 (Sixty five thousand).
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Each pilgrim is entitled to a minimum of Five hundred United States Dollars (US$500.00) and a maximum of One thousand United States Dollars (US$1,000.00) at an exchange rate of SR3.75 per US$1 as PTA. The President has also approved a concessionary exchange rate of N128.65 to US$1 for PTA.
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The under listed Eight (8) banks have been approved to handle the foreign exchange transactions of pilgrims during the 2005 Hajj Operations.
Bank of the North Limited First Bank of Nigeria Plc Habib Nigeria Bank Limited Union Bank of Nigeria Plc United Bank for Africa Plc Zenith Bank of Nigeria Plc
Standard Trust Bank Plc First City Monument Bank Plc
Each of the banks is assigned to sell PTA to pilgrims from specific states as listed on the attached Table.
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The CBN will issue the Saudi Travellers' Cheques (TCs) to the participating banks two weeks before the commencement of the Hajj operations and thereafter debit the accounts of the banks with the value of the TCs issued immediately after the first airlift of Pilgrims to Saudi Arabia.
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Each of the designated banks must submit a report on the 2005 hajj transactions to the Director, Foreign Operations Department, with a copy to the Director, Trade & Exchange Department, Central Bank of Nigeria, Abuja, not later than one month after the end of the Hajj Operations.
O. O. AKANJI(Mrs.) DIRECTOR TRADE & EXCHANGE DEPARTMENT
| 2005 HAJJ: STATES MUSLIM PILGRIMS WELFARE BOARDS/AGENCIES CHOICE OF BANKS FOR PILGRIMS TRAVELLING ALLOWANCE | |||
|---|---|---|---|
| S/NO | STATE | ALLOCATION | CHOICE OF BANK |
| 1 | ABIA | 82 | UNION BANK OF NIGERIA PLC |
| 2 | ABUJA FCT | 2,853 | BANK OF THE NORTH LIMITED |
| 3 | ADAMAWA | 1,967 | BANK OF THE NORTH LIMITED |
| 4 | AKWA-IBOM | 31 | UNITED BANK FOR AFRICA |
| 5 | ANAMBRA | 10 | FIRST BANK OF NIGERIA PLC |
| 6 | BAUCHI | 2,653 | BANK OF THE NORTH LIMITED |
| 7 | BAYELSA | 60 | BANK OF THE NORTH LIMITED |
| 8 | BENUE | 263 | BANK OF THE NORTH LIMITED |
| 9 | BORNO | 3,503 | UNION BANK OF NIGERIA PLC |
| 10 | CROSS RIVER | 30 | FIRST BANK OF NIGERIA PLC |
| 11 | DELTA | 60 | UNION BANK OF NIGERIA PLC |
| 12 | EBONYI | 30 | UNION BANK OF NIGERIA PLC |
| 13 | EDO | 183 | UNITED BANK FOR AFRICA |
| 14 | EKITI | 95 | UNION BANK OF NIGERIA PLC |
| 15 | ENUGU | 43 | UNITED BANK FOR AFRICA |
| 16 | GOMBE | 2,000 | BANK OF THE NORTH LIMITED |
| 17 | IMO | 20 | UNITED BANK FOR AFRICA |
| 18 | JIGAWA | 2,119 | ZENITH BANK INTERNATIONAL PLC |
| 19 | KADUNA | 5,913 | BANK OF THE NORTH LIMITED |
| 20 | KANO | 7,000 | BANK OF THE NORTH LIMITED |
| 21 | KATSINA | 3,930 | HABIB NIGERIA BANK LIMITED |
| 22 | KEBBI | 4,100 | BANK OF THE NORTH LIMITED |
| 23 | KOGI | 349 | FIRST BANK OF NIGERIA PLC |
| 24 | KWARA | 1,372 | BANK OF THE NORTH LIMITED |
| 25 | LAGOS | 3,614 | UNION BANK OF NIGERIA PLC |
| 26 | NASARAWA | 970 | BANK OF THE NORTH LIMITED |
| 27 | NIGER | 3,566 | BANK OF THE NORTH LIMITED |
| 28 | OGUN | 1,500 | FIRST CITY MONUMENT BANK LTD |
| 29 | ONDO | 130 | BANK OF THE NORTH LIMITED |
| 30 | OSUN | 441 | UNITED BANK FOR AFRICA |
| 31 | OYO | 1,243 | UNION BANK OF NIGERIA PLC |
| 32 | PLATEAU | 1,112 | BANK OF THE NORTH LIMITED |
| 33 | RIVERS | 195 | BANK OF THE NORTH LIMITED |
| 34 | TARABA | 873 | BANK OF THE NORTH LIMITED |
| 35 | SOKOTO | 5,065 | BANK OF THE NORTH LIMITED |
| 36 | YOBE | 2,146 | BANK OF THE NORTH LIMITED |
| 37 | ZAMFARA | 4,043 | BANK OF THE NORTH LIMITED |
| 38 | ARMED FORCES | 300 | BANK OF THE NORTH LIMITED |
| 39 | CONTIGENCY | 1,136 | |
| TOTAL | 65,000 |