Banks’ Deposits with CBN Surge by 783%, Hit ₦79.8 Trillion

Theinfostride | 02-08-2025 08:50pm |

Banks’ deposits with the Central Bank of Nigeria (CBN) have skyrocketed by 783 percent year-on-year, rising to a record ₦79.8 trillion as of June 2025, compared to ₦9.04 trillion in the same period of 2024. This sharp increase signals a growing trend in liquidity management and reserve placement among commercial banks, especially amidst recent monetary

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