Banks’ interest income jumps in H1 on rate hike
The interest income of Nigerian banks rose in the first half of 2022 after a much-needed boost from higher interest rates. The analysis of the nine banks that have released their unaudited half-year financial reports shows that they generated N734.2 billion H1 2022 as interest income on loans, up 24 percent from N593.7 billion in […]
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