Banks’ Operating Expenses Rise By 19.2% On High Inflation, Regulatory Charges   Following a high inflation rate and regulatory charges, a total of 14 Nigerian banks reported N2.03 trillion total operating expenses in nine months of 2022, representing an increase of 19.2 per cent from N1.7...

Regulatory Costs, Inflation Push Banks’ Operating Expenses To N874bn           Nine commercial banks in Nigeria recorded an aggregate operating expense of N874.8bn in the first half of the year. This figure indicates an increase of N51.9bn from the total OPEX of N822.9bn recorded in the corresponding period...