Central Bank of Nigeria anticipates ₦8.57tn liquidity boost
Nigeria's banking system is projected to see a liquidity surge to about ₦8.57 trillion this week. This increase is attributed to the maturing of Open Market Operations bills and bond coupon payments.
Data from the Central Bank of Nigeria indicated that system liquidity had already reached ₦5.98 trillion as of September 25. The influx of additional funds is expected to enhance the cash available to banks, potentially impacting their operations and lending capabilities.
Plus234Feed summary based on reporting from Uhurutimes. Read the original report below.
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