CBN prepares to mop up N4.69tn as liquidity rises

The Punch | 01-10-2026 12:08am |

The Central Bank of Nigeria plans to take out N4.69 trillion from the country's financial system. This decision comes after there was a big increase in the amount of money available in banks, which rose by 37% to reach N8.84 trillion. The Central Bank is acting to manage this excess money in the economy.

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