Nigerian banks grow combined profit by N120bn, despite threats from Fintechs - Ripples Nigeria

Ten Nigerian banks showed resilience in 2021 despite competition from financial technology companies as they posted a combined profit after tax of N741.7 billion. The profit for 2021 is an increase by 19 percent or N120 billion when compared to N620.7 billion…

Ten Nigerian banks showed resilience in 2021 despite competition from financial technology companies as they posted a combined profit after tax of N741.7 billion. The profit for 2021 is an increase … [+2686 chars]

full article...