Bank staff expenses as a share of total costs reached 31.0% in third quarter of 2021 in Nigeria, according to the National Central Bank. This is 5.82% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Nigeria reached an all time high of 67.8% in 4Q2011 and an all time low of 18.6% in 3Q2011.
Nigeria has been ranked 47th within the group of 51 countries we follow in terms of bank staff expenses as a share of total costs.
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