The Central Bank of Nigeria’s (CBN) gradual phasing out of Commission on Turnover (COT) by 2016, restriction on public and private sector deposits, declining yield in the fixed income market, and introduction of interest on savings account have impacted banks’ earnings significantly.
This is evi
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more