New Banks Old Banks
Access Bank Access Bank Nigeria Plc + Marina Intercontinental + Capital Bank Intercontinental Ltd
Afribank Afribank Nigeria Plc + Afribank Intercontinental Ltd
BankPHB Platinum + Habib Bank – owns majority stake in Spring Bank
ETB-Equitorial Trust Bank Equitorial Trust Bank Limited + Devcom Bank Ltd
Diamond Bank Diamond Bank Ltd + Lion Bank of Nigeria Plc
FCMB FCMB + MBC intercontinental Bank Plc + FBN Merchant Bankers Limited
Fidelity Bank Acquired FSB Intercontinental
First Bank First Bank of Nigeria PLC + MBC intercontinental Bank Plc + FBN Merchant Bankers Limited)
First Inland Bank First Atlantic Bank Plc + Inland Bank
Stanbic-IBTC Stanbic Bank Nigeria Plc + IBTC Chartered Bank Plc
Intercontinental Bank Intercontinental bank Ltd + Equity Bank of Nig Ltd + Global Bank Plc + Gateway Bank Plc.
Skye Bank Prudent Bank Plc + EIB intercontinental Bank Plc + Bond Bank + Reliance Bank
Spring Bank ACB intercontinental Bank Plc + Citizens International Bank Plc + Fountain Trust Bank  Plc + Guardian Express Bank Plc + Omega Bank Plc + Trans International Bank
Sterling Bank Trust Bank of Africa + Magnum Trust Bank + NBM Bank + NAL Bank Plc + Indo Nigeria Bank
United Bank for Africa Standard Trust Bank + UBA
Unity Bank Bank of the North Ltd + NNB International Bank Plc + New Africa Bank Ltd + Intercity Bank Plc + First Interstate Merchant Bank Ltd + Tropical commercial Bank Plc + Pacific Bank Ltd + Center Point Merchant Bank Ltd + Societe Bancaire Nigeria Ltd.
Wema Bank Wema Bank + National Bank + Fortune Bank + Lead Bank
Source: CBN statistical bulletin, various issues (2006- 2010)
Table 3: Merger & Acquisition involving Nigerian Banks.