CBN rate reset sends bank deposits to 7-month high

BusinessDay | 24-09-2026 04:29am |

Banks' deposits with the Central Bank of Nigeria (CBN), known as the Standing Deposit Facility (SDF), have risen to a seven-month high. This increase follows a rate reset by the CBN. The report indicates a significant shift in banking sector liquidity.

Stay Updated with the Latest News!

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