Business
11 Banks Generated N72.7bn From Account Maintenance Charges In H1 2023
Earnings from commercial banks’ charges on account maintenance took a large chunk of the income generated.
Eleven commercial banks listed on the floor of the Nigerian Exchange, generated N72.723 billion from account maintenance charges in the half year of 2023.
VerseNews reports that this is according to data extracted from the half-year financial statements of the listed commercial banks in the Nigerian stock market.
The amount generated from account maintenance charges in half-year 2023, represents a 7.44 per cent increase compared to N67.690 billion recorded in the corresponding period of 2022.
Earnings from commercial banks’ charges on account maintenance took a large chunk of the income generated.
Below is a ranking of the 11 banks based on their account maintenance earnings in the half-year of 2023.
- Zenith Bank – N21.02 billion
- Access Holdings – N13.363 billion
- GTCO – N10.481 billion
- UBA – N9.64 billion
- First Bank – N5.19 billion
- FCMB – N3.85 billion
- Stanbic IBTC – N2.643 billion
- Sterling Bank – N2.392 billion
- Fidelity Bank – N1.769 billion
- Wema Bank – N1.636 million
- Unity Bank – N745 million
‘I Am IPOB’S Voice’ — Emma Powerful Blasts ‘Fake Coup’, Declares Authority Untouched
The Indigenous People of Biafra (IPOB) has dismissed reports suggesting a change in its spokesperson, as Comrade Emma Powerful...
[JUST IN]: IPOB Issues Fresh Directive To Members Worldwide, Sets 3 Key Conditions For Biafra Restoration
The Indigenous People of Biafra (IPOB) has issued a strong directive to its members across the globe, urging strict focus...
IPOB Alleges Global Conspiracy, Demands Immediate Release of Nnamdi Kanu
The Indigenous People of Biafra (IPOB) has issued a strong statement accusing the Nigerian government and international actors of complicity...
Ejimakor Tops Legal Team in Nnamdi Kanu Case with Multiple Court, International Victories — Report
A new legal briefing has identified Barrister Aloy Ejimakor as the leading counsel in Nnamdi Kanu’s defence, citing multiple court...
BREAKING: FG Declares Easter Public Holidays
The Federal Government has announced public holidays to mark Good Friday and Easter Monday celebrations nationwide.
IPOB Praises US Lawmakers, Calls for Referendum as Nigeria Faces ‘Impending Crisis’
The Indigenous People of Biafra says recent remarks by US figures have exposed growing concerns about Nigeria’s security situation.
Aproko Doctor Warns Against ‘Live Snail’ Skincare Trend, Cites Infection Risks (Video)
Health influencer Aproko Doctor has cautioned Nigerians against using live snails on their faces, warning of serious health risks including...
ICPC Fixes Date to Arraign El-Rufai Over Alleged Corruption, Money Laundering
The ICPC has announced plans to arraign former Kaduna Governor Nasir El-Rufai in court over multiple corruption-related charges following weeks...
Apply Now: FG Opens Fully Funded Overseas Scholarship for Nigerians (2026/2027)
The Federal Government, through the NDDC, has launched applications for its fully funded foreign postgraduate scholarship, targeting young Nigerians from...
OnlyFans Owner Leo Radvinsky Dies at 43, Cause of Death Emerges
Billionaire tech entrepreneur Leo Radvinsky, owner of OnlyFans, has died at 43, leaving behind a multibillion-dollar digital empire built on...
You must be logged in to post a comment Login