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FY 2020: Tier-1 banks' OPEX hits N872.65bn amid COVID-19

Published by The Sun on Mon, 05 Apr 2021


By Chinwendu Obienyi The operating expense (OPEX) of some Tier-1 banks in Nigeria rose from N731.393 billion recorded in 2019 to N872.65 billion recorded in the financial year of 2020. This represents an increase of 19.31 per cent of the 2019 figures. An OPEX is an expense a business entity incurs in the course of []The post FY 2020: Tier-1 banks' OPEX hits N872.65bn amid COVID-19 appeared first on The Sun Nigeria.
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