Nigerian Banks’ Operating Expenses Surge to N3 Trillion in 2023

In a significant financial revelation, the combined operating expenses of ten prominent Nigerian banks surged by 42.51 per cent, totaling N3.23 trillion in 2023 compared to N2.26 trillion in the preceding year. This data, unveiled in the annual reports submitted to the Nigerian Exchange Limited, underscores a notable financial trend within the nation’s banking sector. … Continue reading Nigerian Banks’ Operating Expenses Surge to N3 Trillion in 2023