FBN Holdings recorded a 154.5 percent rise in net interest income, driven primarily by the continuous hike in the monetary policy rate (MPR) by the Central Bank of Nigeria (CBN).
The holding company's unaudited financial statement for the year disclosed that its interest income rose to N1.39 tril
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.