Nigerian banks which have released their half-year 2022 financial results on the Nigerian Exchange Group recorded a collective growth of 68 percent in interest expense on deposits from their customers.
The banks include First Bank, Zenith Bank, FCMB, Stanbic IBTC, Sterling Bank, Union Bank, and W
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Folake Balogun
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.
