Nigerian tier-1 banks raked in the sum of N102.96 billion as income from account maintenance charged on their customers during the nine months of 2023, according to data compiled by BusinessDay.
This represents a 20.4 percent increase from the N85.53 billion obtained in the nine months of 2022.
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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.
