Nigerian banks significantly increased the amount of funds placed with the Central Bank of Nigeria through its Standing Deposit Facility in July,

Banks’ deposits in the Central Bank of Nigeria, CBN, Standing Deposit Facility, SDF, recorded a sharp increase by 670.2 percent year-on-year (YoY) to N83.95 trillion in July 2026…

Nigerian banks significantly increased the amount of funds placed with the Central Bank of Nigeria through its Standing Deposit Facility in July,