Nigerian Banks’ Profit Boom Powers Tech Development as NITDEF Contributions Hit Record N34.3bn

The surge in profits recorded by Nigerian banks in 2024 is proving to be more than a shareholder delight — it’s fast becoming a major boost to the country’s underfunded tech ecosystem. According to an analysis of audited results from six commercial banks, their collective contribution to the Nigeria Information Technology Development Fund (NITDEF) has … Continue reading Nigerian Banks’ Profit Boom Powers Tech Development as NITDEF Contributions Hit Record N34.3bn