Banks’ Commission From Customers Increase By 14% To N219.77bn
Amid severe competition from Fintech companies, six banks operating in Nigeria generated a sum of N219.77billion fees and commission for the year ended December 31, 2022 representing an increase of 14 per cent from N192.22billion reported...
Eight Banks Earn N26.73bn From International Trade Transactions
Eight Nigerian banks have earned a total of N26.73bn from commissions charged on Letters of Credit issued for international trade transactions from January to September.
Analysis of the third-quarter financial reports of the eight banks indicated that this...
Five Banks Raked In N175.41bn On Fees, Commission
Following the harsh macroeconomic environment that characterised the second quarter of 2020 due to the COVID-19 pandemic, five Nigerian commercial banks saw the amount generated from customers’ fees and commission in the first half of the year...
Ten Banks Generate N578bn Commission In 9 Months
Ecobank Transnational Incorporated, Zenith Bank Plc and United Bank for Africa Plc led seven other banks in N577.9bn commission generated from customers’ transactions in the first nine months of 2019.
This is an increase of 20.4 per cent...
