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8 banks spend N477.58bn on staff costs

Published by New Telegraph on Wed, 17 Apr 2019


RISING Cost structure is a major threat to earning's sustainabilityDespite embracing aggressive cost cutting measures in recent years in order to stay profitable, deposit money banks (DMBs) in Nigeria grappled with rising personnel costs in 2018, findings by New Telegraph show. This newspaper's analysis of the full Year 2018 results of eight lenders []The post 8 banks spend N477.58bn on staff costs appeared first on Newtelegraph.
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