Total deposits of Nigerian commercial banks have increased to N136 trillion in the first quarter (Q1) of 2024 from N115 trillion recorded on December 2023, representing additional new deposits of N21 trillion.
Total deposits of Nigerian commercial banks have increased to N136 trillion in the first quarter of 2024 from N115 trillion recorded on December 2023, representing additional new deposits of N21 trillion.Total deposits of Nigerian commercial banks have increased to N136 trillion in the first quarter of 2024 from N115 trillion recorded on December 2023, representing additional new deposits of N21 trillion.
Banks generally have seen sustained growths in deposits, despite the macroeconomic headwinds including key changes in fiscal and monetary directions. United Bank for Africa deposits have grown from N10.86 trillion in 2022 to N14.9 trillion in 2023 and closed in March 2024 at N18.4 trillion. Total deposits of Nigerian commercial banks have increased to N136 trillion in the first quarter of 2024 from N115 trillion recorded on December 2023, representing additional new deposits of N21 trillion.
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