Nine Nigerian banks raked in a sum of N74 billion from their e-business earnings in the first quarter of 2023 as tier-1 banks UBA, Access Bank, and Zenith Bank topped the list of highest earners. Banks in Nigeria have increasingly resorted to generating income from digital channels such as their
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Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.

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