Banks’ CBN deposits rise above N6 trillion after N2.4 trillion OMO repayment

Nairametrics Oct 16, 2026 · 19:37 WAT

Banks’ net placements at the CBN’s Standing Deposit Facility rose above N6 trillion after a N2.41 trillion OMO repayment. Deposits remained above that threshold for three consecutive days in the week ended October 16, 2026.

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