Nigerian Tier-One Banks Report ₦430.9bn In E-Business Revenue

Nigeria’s tier-one banks generated N430.91bn in e-business revenue in the first nine months of 2024, reflecting a 66.15 per cent increase from the N259.34bn recorded in the same period in 2023.

This surge, captured in a report seen by THE WHISTLER, highlights the impact of fintech adoption on the banking sector, as banks increasingly leverage digital solutions to meet the demand for online and mobile banking services.