NewsBreakNigeria
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USD/NGN 1,329.38 ▴0.2%GBP/NGN 1,762.01 ▴0.3%USD/NGN black market ₦1,382GBP/NGN black market ₦1,880EUR/NGN 1,511.96 ▴0.1%JPY/NGN 8.45 ▴0.3%CAD/NGN 938.73 ▴0.1%

Banks awash with excess cash amidst poverty

•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the…

Aggregated · originally by Vanguard
29 Sept 2026, 07:00 WAT · 3 min read
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Banks awash with excess cash amidst poverty

•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the…