Seven Nigerian banks made N108.4 billion from electronic banking in 2023.
This is according to their audited results for 2023, which showed a 23.60 percent increase from the N87.7 billion they made in 2022, underscoring strong cashless transaction growth in the country.
Generally, the banks re
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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.