Eight banks made N224.69bn from electronic banking fees as cashless transactions rose to N395.47tn in 2022. Data analysed from the financial reports of the banks
A total of 12 banks generated N1.86trillion as fees and commission income from current and saving accounts of customers between 2018 and 2020, data gathered
Ten Nigerian banks made N265.96bn from account maintenance and electronic banking fees in 2020. This is as shown by analysing data from the annual reports