7 Nigerian banks with increased e-banking income

According to data showing the revenue earned by Deposit Money Banks (DMBs), a total of seven Nigerian banks generated ₦495.57 billion from e-banking charges, and account maintenance fees, among other charges in the 2023 financial year.

This figure indicates an increase of 36% from ₦365.11 billion earned in the 2022 financial year.

The seven banks are; FBN Holdings Plc, Stanbic IBTC Holdings Plc, Fidelity Bank Plc, FCMB Group Plc, Wema Bank Plc, Sterling Financial Holdings Company Plc and Jaiz Bank Plc.