Nigeria: Scale Up Data Analytics to Improve Products Offering, Banks Urged

With over 98 per cent of data analytics yet to be explored globally, banks have been urged to scale up the use of analytics to make banking operations simpler and more efficient for customers.

Following the evolution in the banking industry, especially as it is immersed in the digital agenda, leveraging technology to improve on products and services, employees also have been encouraged to ideate and develop their entrepreneurial skills, as current efforts from banks to figure out how to deal with big data will soon get started, while technology toolkits will continue to improve.

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