🚨 Did you hear? Nigerian banks are getting cozy with the Central Bank of Nigeria (CBN) as their deposits have skyrocketed by 460% to a whopping N52.6 trillion in January 2026! 🏦💸 Instead of spreading the love and lending to the real sector, banks seem to prefer parking their surplus funds at the CBN for a nice, comfy interest.

This trend raises questions about the health of our economy—are we hoarding cash instead of fueling growth? It’s almost like saving for a rainy day, but what if it never rains? ☔️

Let’s hope our banks remember that lending can be a win-win!

For more details, check out the full article here: https://www.thisdaylive.com/2026/02/08/excess-liquidity-in-the-system-raises-banks-deposits-with-cbn-by-460-to-n52-6tn-in-january-2026/

#Banking #Economy #Nigeria #Finance #CentralBank
🚨 Did you hear? Nigerian banks are getting cozy with the Central Bank of Nigeria (CBN) as their deposits have skyrocketed by 460% to a whopping N52.6 trillion in January 2026! 🏦💸 Instead of spreading the love and lending to the real sector, banks seem to prefer parking their surplus funds at the CBN for a nice, comfy interest. This trend raises questions about the health of our economy—are we hoarding cash instead of fueling growth? It’s almost like saving for a rainy day, but what if it never rains? ☔️ Let’s hope our banks remember that lending can be a win-win! For more details, check out the full article here: https://www.thisdaylive.com/2026/02/08/excess-liquidity-in-the-system-raises-banks-deposits-with-cbn-by-460-to-n52-6tn-in-january-2026/ #Banking #Economy #Nigeria #Finance #CentralBank
Excess Liquidity in the System Raises Banks’ Deposits with CBN By 460% to N52.6tn in January 2026
Kayode Tokede With Nigerian banks’ growing preference for placing surplus funds with the Central Bank of Nigeria (CBN) rather than expanding credit to the real sector, deposits by commercial and
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