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Banks incurN80.75bn e-banking expenses as digital transactions hit N111.29tr

Published by The Sun on Mon, 22 Feb 2021


By Omodele Adigun As COVID-19 triggered exponential increase in electronic-payment adoption, five Nigerian banks have incurred N80.75 billion expenses in fees and commission just as the value of digital transactions rose to N111.29trillion in nine months. The five lenders, UBA, Zenith, Access Bank, FBN Holdings and GT Bank have their earnings gutted by a whopping []The post Banks incurN80.75bn e-banking expenses as digital transactions hit N111.29tr appeared first on The Sun Nigeria.
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