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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.

Nine Nigerian banks scooped about N154 billion from electronic transactions in the first half of 2023 according to the banks' financial reporting.

Access Bank Plc has bolstered its Agriculture Desk to provide financial and advisory services to participants within the Agribusiness value chain.

More than 12 Nigerian commercial banks have earned over N72 billion from maintenance charges on customers' accounts in the first six months of 2023.

United Bank for Africa has emerged as Nigeria's profitable bank in the first half of 2023 with a 163% profit of N350 billion as Tony Elumelu celebrated earnings.

Nigerian banks in adherence to the Central Bank of Nigeria loan to deposit policy have announced that they collectively gave out loan of over N24 trillion.

The United Bank for Africa (UBA) is partnering with the African Continental Free Trade Area (AfCTA) secretariat to provide about $6bn loans to small businesses.

Nigerian banks splurged billions on the compensation of their staff in the first six months of 2023, with United Bank of Africa leading, followed by Access Bank.

Commercial banks in Nigeria increased their borrowings from the Central Bank of Nigeria by 835% to N3.03 trillion in the 22 days in September 2023.
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