Banks’ deposits with the Central Bank of Nigeria (CBN) have risen sharply, reaching N2.9 trillion and marking the highest level since the last Monetary Policy Committee (MPC) meeting held on November 24 and 25, 2025, in Abuja.
The deposits, placed through the Standing Deposit Facility, signal a significant shift in liquidity conditions across the financial system as lenders continue to channel excess cash to the apex bank at volumes not seen since the MPC convened.
Data from the CBN show that deposit placements by Deposit Money Banks clim
Banks’ deposits with the Central Bank of Nigeria (CBN) have risen sharply, reaching N2.9 trillion and marking the highest level since the last Monetary Policy Committee (MPC) meeting held on November 24 and 25, 2025, in Abuja.
The deposits, placed through the Standing Deposit Facility, signal a significant shift in liquidity conditions across the financial system as lenders continue to channel excess cash to the apex bank at volumes not seen since the MPC convened.
Data from the CBN show that deposit placements by Deposit Money Banks clim