CBN mops up N13.41trn from financial system in January as money supply, private credit decline

The Central Bank of Nigeria (CBN) withdrew a total of N13.41 trillion from Nigeria’s financial system in January 2026, marking a sharp increase compared to the N2.77 trillion absorbed during the same period in 2025. The development is contained in the Monetary and Credit Statistics for January 2026 released by the Financial Markets Dealers Association

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