...Apex bank eyes lower inflation, liquidity
Commercial banks’ deposits with the Central Bank of Nigeria (CBN), through the Standing Deposit Facility (SDF), declined by 42.3 percent between October 2 and October 8, following an aggressive liquidity mop-up by the apex bank to tame inflation.
Bank deposits with the CBN plunged to N3.5 trillion as of Wednesday, October 8, 2025, compared to the peak of N6.07 trillion recorded on October 2, 2025, marking a 42.3 percent decline, the CBN data said.
As part of its liquidity control me
