Banks ramp up digital push as IT spending rises by 31% 

    Chinwe Michael | Editor’s picks | Jun 23, 2026    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
5876
times

Nigeria’s banks increased their spending on information and technology (IT) by 30.8 percent in the first quarter of 2026, driven by the growing adoption of artificial intelligence and digital channels.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent