Banking sector efficiency linked to high cost of services in Nigeria.
The article examines how efficient and productive Nigerian banks have been from 2005 to 2014. They used two methods, one called Data Envelopment Analysis and another called Stochastic Frontier Approach, to measure this. The study found that as banks focus more on earning money from fees instead of interest, their efficiency and productivity decrease. This suggests that policymakers should pay attention to how banks make money to avoid high banking costs in the future.