Rates decline on N2.10trn FAAC injection, triggering higher banks’ deposits with CBN

Tribuneonlineng | 27-10-2025 01:59pm |

Nigeria’s financial system is awash with liquidity following the injection of N2.10 trillion through the Federation Account Allocation Committee (FAAC), a development that continues to reshape money market dynamics and drive banks toward higher placements with the Central Bank of Nigeria (CBN). The disbursement, shared among the federal, state, and local governments, has left substantial

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