Bank staff expenses as a share of total costs reached 31.0% in 2020 in Nigeria, according to the National Central Bank. This is 8.28% less than in the previous year.
Historically, bank staff expenses as a share of total costs in Nigeria reached an all time high of 47.7% in 2009 and an all time low of 31.0% in 2020.
Nigeria has been ranked 71st within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.
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