Lending Apathy Persists As Banks Deposit N30trn With CBN In 5 Days

Leadership | 17-03-2026 08:14pm |

Nigerian banks have lodged a whopping N30 trillion with the Central Bank of Nigeria (CBN) in the past five days, underscoring the ongoing reluctance to lend to the real economy amid high interest rates and economic uncertainties. This massive deposit surge, revealed in recent CBN data, highlights persistent liquidity hoarding despite efforts to stimulate credit

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.