Top Nigerian banks increase technology spending by 43% to N119bn in Q1 2026

Key points Main story Nigeria’s leading banks significantly increased investments in technology and digital infrastructure during the first quarter of 2026, underscoring the growing importance of digital transformation in the country’s financial services sector. An analysis of the first-quarter financial statements of four tier-one lenders—Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa … Continue reading Top Nigerian banks increase technology spending by 43% to N119bn in Q1 2026