Total bank expenses growth reached 20.5% in 2022 in Nigeria, according to the National Central Bank. This is 57.0% more than in the previous year.
Historically, total bank expenses growth in Nigeria reached an all time high of 37.7% in 2009 and an all time low of -24.7% in 2010.
Nigeria has been ranked 13th within the group of 55 countries we follow in terms of total bank expenses growth.
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