Nigerian banks are growing their income from investment securities, and other non-core banking functions to boost their earnings, despite the recent move by the Central Bank of Nigeria (CBN) to hike interest rates.
The banks saw gains from investing in bonds, treasury bills, and foreign exchange,
```
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.
```
