Nigerians return excess cash to the banks as CBN reduces interest rates

Nigeria’s banking liquidity rose 17.16% to N5.53 trillion in May 2026 as the CBN withdrew excess cash amid heavy demand for Treasury bills and bonds at auction.

Aggregated · originally by Legit.ng

29 Sept 2026, 15:00 WAT · 3 min read

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Nigerians return excess cash to the banks as CBN reduces interest rates

Nigeria’s banking liquidity rose 17.16% to N5.53 trillion in May 2026 as the CBN withdrew excess cash amid heavy demand for Treasury bills and bonds at auction.

Nigerians return excess cash to the banks as CBN reduces interest rates

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