Banks

Nigerian banks’ net placements at the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF) have surged above 6 trillion naira for three consecutive days after the apex bank redeemed 2.41 trillion naira in maturing Open Market Operation (OMO) securities. The daily banking system liquidity reports, from October 13 to 16, 2026, showed that SDF net assets increased from about …

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