Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
While many fintech startups are emerging in Nigeria, banks and financial institutions are re-positioning to maintain their stronghold. Moreso, crypto companies are emerging to provide user-friendly products to their customers.
GTBank, the largest digital banking service provider in Nigeria is considering to restructure as a holdings company. The bank's CEO, Segun Agbaje, disclosed the plan during the bank’s earnings call for the fourth quarter of 2019.