Amidst Mounting OPEX, Eight Banks’ AMCON, NDIC Expenses Hit N993.34bn
Eight banks in Nigeria have incurred expenses of N993.34 billion related to AMCON and NDIC. This highlights the growing operational costs faced by the banking sector.
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The Briefing Africa
May 5, 2026 · 23:31 · 5 min read
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Eight banks in Nigeria have incurred expenses of N993.34 billion related to AMCON and NDIC. This highlights the growing operational costs faced by the banking sector.
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The significant expenses incurred by these banks reflect the increasing financial pressures within Nigeria's banking sector, raising concerns about sustainability and profitability amidst rising operational costs.