Nigerian Banks spend N551.9 billion on employee cost in 2020
Nairametrics gathered information on banks that incurred the highest personnel expenses in 2020.
News and stories about Nigerian banks
Nairametrics gathered information on banks that incurred the highest personnel expenses in 2020.
Nigerian banks raked in a sum of N216.52 billion from their e-business earnings in the year 2020.
Bank MD/CEOs in Nigeria earned a combined N1.5 billion in salaries in 2020.
The FG has reached an advanced stage of resolving the issues between MTN and banks over banking USSD operations.
A number of bank accounts directly linked with crypto trading have reportedly been closed by Nigerian banks.
Banking sector credit grew to N25.02 trillion as at December 2020.
To navigate the nation's economy from oil, banks will have to pay more attention to real sector lending in 2021.
Banks are worried about rising cases of bad loans and will go after defaulters.
Twenty-one (21) equities appreciated at price during the week, lower than sixty-nine (69) equities in the previous week.
Should the current economic downturn linger and deepen, Nigerian banks may fail the requisite stress tests.