Banks shun CBN’s lending window as liquidity data reveals sharp fall in opening balances

Deposit money banks (DMBs) are increasingly avoiding the Central Bank of Nigeria’s (CBN’s) Standing Lending Facility window, even as their opening balances shrink to multi-month lows, the apex bank’s latest liquidity data have revealed. Between September 18 and 22, 2025, system liquidity swung violently. On Thursday, September 18, the opening balances of banks and discount

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