Accounting is a highly respected profession that plays a pivotal role in the global economy. From managing business finances to ensuring regulatory compliance, accountants serve as the backbone of financial decision-making. In Nigeria, as the demand for skilled financial experts continues to rise, selecting the right university to pursue an accounting degree has become more important than ever.
Whether you aspire to become a Chartered Accountant, work in corporate finance, or launch your own firm, getting your education from one of the best accounting schools in Nigeria can significantly impact your future career.
In this comprehensive guide, we’ll explore the top 10 universities in Nigeria where you can study accounting in 2025. These institutions are known for their academic excellence, industry relevance, strong faculty, and access to professional opportunities.
1. University of Lagos (UNILAG)
The University of Lagos, popularly known as UNILAG, stands out as one of the most prestigious institutions in Nigeria. Located in the bustling commercial hub of Lagos, UNILAG offers a well-rounded accounting program designed to equip students with practical and theoretical knowledge.
The Department of Accounting at UNILAG is affiliated with various professional bodies such as ICAN (Institute of Chartered Accountants of Nigeria) and ACCA, enabling students to receive exemptions in professional exams. The curriculum combines financial accounting, taxation, auditing, and management accounting, offering graduates a solid foundation for career growth.
Why Choose UNILAG for Accounting:
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Located in Nigeria’s financial center
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Strong academic reputation
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Access to internship placements and networking opportunities
2. Obafemi Awolowo University (OAU)
Obafemi Awolowo University in Ile-Ife is another top contender for studying accounting in Nigeria. OAU has a reputation for academic excellence, with its accounting department offering rigorous and research-driven programs.
The university emphasizes critical thinking, ethics, and innovation. Students graduate with not just a degree, but also an in-depth understanding of real-world accounting practices. Its alumni include many top executives in both private and public sectors.
Why OAU:
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Rich academic heritage
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Strong focus on research and practical skills
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Accredited by professional bodies
3. University of Ibadan (UI)
As the oldest university in Nigeria, the University of Ibadan has a rich legacy of academic excellence. The institution's Department of Accounting is part of its Faculty of Management Sciences and is widely respected across Africa.
UI’s accounting program prepares students for local and international accounting certifications. The school also integrates entrepreneurship and technology into its curriculum to ensure students are prepared for the evolving financial landscape.
Highlights:
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Long-standing academic credibility
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International affiliations and ACCA accreditation
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Excellent research and learning facilities
4. Ahmadu Bello University (ABU)
Ahmadu Bello University, located in Zaria, Kaduna State, is one of the largest and most reputable institutions in West Africa. Its accounting program provides a strong foundation in accounting principles, financial reporting, and auditing.
ABU is particularly noted for producing well-rounded graduates who excel in public accounting, finance, and consulting. The institution’s accounting faculty is composed of experienced lecturers with both academic and industry experience.
Why ABU:
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Affordable tuition
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Strong Northern presence
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Accredited and respected nationwide
5. University of Nigeria, Nsukka (UNN)
UNN, established in 1960, was the first full-fledged indigenous university in Nigeria. It is known for its commitment to academic excellence and innovation.
The Department of Accountancy offers a robust curriculum that prepares students for careers in finance, banking, public accounting, and corporate governance. Students at UNN also benefit from workshops, career fairs, and mentorship programs.
Key Features:
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Ethical and analytical training
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Strong alumni network
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Diverse academic environment
6. Covenant University
Covenant University is a private Christian university in Ota, Ogun State, and is one of the most technologically advanced institutions in Nigeria. It consistently ranks among the top private universities in Africa.
Covenant’s accounting program combines academic knowledge with leadership, moral values, and digital skills. Graduates are well-equipped to pursue roles in financial analysis, auditing, and consultancy, or continue toward becoming Chartered Accountants.
Advantages:
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Modern teaching facilities
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Faith-based, disciplined environment
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Industry-focused curriculum
7. Afe Babalola University (ABUAD)
Founded by the renowned lawyer and philanthropist, Aare Afe Babalola, ABUAD is a fast-rising private university located in Ekiti State. It has quickly built a reputation for academic discipline, innovation, and excellence.
ABUAD’s accounting faculty is well-resourced and integrates technology into its learning process. With access to modern labs and simulation tools, students gain practical knowledge of accounting software and business scenarios.
Reasons to Choose ABUAD:
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Excellent academic culture
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Modern facilities
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Strong emphasis on character and skill-building
8. Babcock University
Babcock University is a private Christian university located in Ogun State and affiliated with the Seventh-day Adventist Church. Its School of Management Sciences offers a top-tier accounting program that balances academic rigor with moral development.
Students receive individualized attention and are encouraged to engage in both academic and extracurricular activities, including professional accounting associations.
Strengths:
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Small class sizes for better learning
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Strong spiritual and ethical framework
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Industry-aligned courses
9. Federal University of Technology, Akure (FUTA)
Although FUTA is primarily known for its engineering and technology programs, its Department of Management Technology has developed a solid accounting curriculum that blends technical and financial knowledge.
FUTA emphasizes the use of information technology in accounting education. This prepares graduates for modern financial environments where digital tools like data analytics and accounting software are essential.
FUTA Perks:
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Tech-based learning approach
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Affordable fees
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Emphasis on innovation and problem-solving
10. Lagos State University (LASU)
LASU is rapidly becoming one of the best institutions for professional studies in Nigeria. Its accounting program is designed to meet the growing need for accountants who can adapt to local and global financial demands.
Located in Ojo, Lagos, LASU gives students the advantage of proximity to Nigeria's financial institutions, enabling easy access to internships and job placements. The university regularly collaborates with firms for industrial training programs.
Benefits:
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Prime location in Lagos
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Affordable tuition with quality education
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Growing academic reputation
Conclusion
Studying accounting in Nigeria can open doors to a world of career opportunities, both at home and internationally. The institutions listed above are not only the best in terms of curriculum quality, faculty experience, and professional affiliations, but they also provide students with the tools to thrive in a rapidly changing financial world.
When choosing where to study accounting in Nigeria, consider factors like location, accreditation, industry partnerships, and your career goals. Whether you prefer a public university with decades of history or a private institution with modern facilities, the choice you make today will shape your professional journey.
FAQ Section
Q1: Which Nigerian university has the best accounting program?
A: The University of Lagos (UNILAG), University of Ibadan (UI), and Covenant University are widely regarded as the top choices due to their strong academic structure, industry exposure, and professional affiliations.
Q2: Can I become a Chartered Accountant after graduating from these universities?
A: Yes. Most of these schools offer accounting programs aligned with professional certifications such as ICAN, ACCA, and ANAN. Graduates are often granted exam exemptions.
Q3: Are private universities better than public universities for accounting?
A: Both have their strengths. Private universities like Covenant and ABUAD offer modern facilities and smaller class sizes, while public universities like OAU and UNILAG offer affordability and heritage.
Q4: How long does it take to study accounting in Nigeria?
A: Typically, it takes four years to complete a Bachelor of Science (B.Sc.) degree in Accounting, excluding time spent on industrial training or professional exams.
