Three Tier-1 banks in Nigeria generated about N123.94 trillion from electronic banking in the first half of 2023, with Zenith Bank leading the list of top earners.
Ecobank, UBA, First Bank, Access Bank, and 7 other commercial banks in Nigeria have increased their lending to customers by 50% to N38.55trn in six months of 2023
Data from the CBN found that there were N1.5 trillion worth of NPL in the banking industry out of a total of N37.81 trillion in credit as of the end of June 2023.