Nigerian banks report e-business revenue of ?265 billion

During the same period in 2023, the banks' e-business revenue climbed by 24.42%.Nigerian banks have produced ?265.269 billion in revenue from electronic business between January 2023 and September 2023, demonstrating an exceptional run in revenue.The total amount of ?213.204 billion that the banks made from e-business during the same period in 2023 was 24.42% more than that of 2022.Electronic channels, card products, and associated services—such as mobile apps, USSD channels, automated teller machines (ATMs), agency banking, online banking, and point of sale (POS) payments—are the sources of income for e-businesses.