GLOBEALERT
Business● Low2h ago · Nov 5, 2026, 6:50 AM

Banks’ deposits with CBN fall 87% to N1.22trn

GlobeAlert Desk · curated from Vanguard Nigeria · Sub-Saharan Africa

•As borrowings drop 98% By Elizabeth Adegbesan Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) fell by 87 per cent month-on-month to N1.22 trillion in October 2026 from N9.4 trillion in September. The breakdown of CBN’s financial data for the end of October 2026 also show that banks’ […] The post Banks’ deposits with CBN fall 87% to N1.22trn appeared first on Vanguard News.

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1 Low

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Business

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