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ACCOUNT MAINTENANCE CHARGES

One of the banks earned a whopping N28.1 billion
Banks listed on the floor of the Nigerian Exchange scooped a total of N36.04 billion from account maintenance charges in the first quarter of 2022.
Banks listed on the floor of the Nigerian Exchange scooped a sum of N88.9 billion from account maintenance...
Banks' earnings from account maintenance charges, though low when compared to other revenue streams, still make up a significant portion of their non-interest income.