Top Nigerian Banks Increase Technology Spending by 43% in First Quarter

By Boluwatife Oshadiya | June 26, 2026 Key Points Main Story Nigeria’s leading commercial banks significantly increased investment in technology during the first quarter of 2026, spending a combined N119.03 billion on software, digital infrastructure, cybersecurity and information technology services as the industry continues its rapid digital transformation. An analysis of the first-quarter financial statements … Continue reading Top Nigerian Banks Increase Technology Spending by 43% in First Quarter