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Report: Banks’ Deposits with CBN Declined 1.14% to N82.99tn in August
Kayode TokedeNigerian banks’ deposits with the Central Bank of Nigeria (CBN) declined by 1.14 per cent month-on-month to N82.99 trillion in August 2026, from N83.96 trillion recorded in July, latest data from the apex bank have revealed.Banks deposit excess liquidity with the CBN through the Standing Deposit Facility (SDF), thereby earning interest on overnight deposits.
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punchng.com
Private sector credit hits N83.43tn amid high interest rates
Nigeria's private sector credit reached N83.43tn in July, showing sustained lending to businesses despite the CBN's tight monetary policy and high interest
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thisdaylive.com
Banking System Liquidity Falls N930bn, Overnight Rate Rises
The Central Bank of Nigeria (CBN) has said liquidity in the banking system fell by N930 billion to N3.66 trillion when compared to N6.81 trillion recorded on August 11.
