Banks’ personal cost soars to N345.36bn in nine months


Spending on staff by Nigeria’s largest banks in the first nine months of 2017 hit N345.36 billion, up 5 percent when compared to the same period last year. The 11 banks had total staff strength of 45,250 as at December 2016, resulting in an average cost per staff of N7.36 million. This is…

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