Banks’ deposits with CBN fall 87% to N1.22trn
Vanguard's headline. Reported by Vanguard.
What Vanguard reported
•As borrowings drop 98% By Elizabeth Adegbesan Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) fell by 87 per cent month-on-month to N1.22 trillion in October 2026 from N9.4 trillion in September. The breakdown of CBN’s financial data for the end of
The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.
Banks’ deposits with CBN fall 87% to N1.22trn. •As borrowings drop 98% By Elizabeth Adegbesan Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) fell by 87 per cent month-on-month to N1.22 trillion in October 2026 from N9.4 trillion in September. The breakdown of CBN’s financial data for the end of Covered by 1 publications. Vanguard: Banks’ deposits with CBN fall 87% to N1.22trn.
Who is covering it
- Vanguard Nigeria Banks’ deposits with CBN fall 87% to N1.22trn •As borrowings drop 98% By Elizabeth Adegbesan Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) fell by 87 per cent month-on-month to N1.22 trillion in October 2026 from N9.4 trillion in September. The breakdown of CBN’s financial data for the end of 4 h ago · Tier 3
Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.
More from Nigeria
Bank of England expected to raise interest rates for first time in three years today – business live
According to The Guardian Business live blog, the Bank of England is expected to raise interest rates for the first time in three years. The Guardian UK live coverage reports that Deutsche Bank analysts predict a 6-3 split on the monetary policy committee, with a majority voting for a rise to 4%. The excerpts provided are brief and do not include the final decision. Summary from 2 sources
Summary from 2 sources The Guardian Business first
China Bank Funding Costs Hit Record Low on PBOC Rate Shift
Yields on short-term debt issued by Chinese banks dropped to a record low after the central bank transitioned to the overnight repo rate as its primary policy anchor, in a move seen by markets as de facto easing. Excerpt, Bloomberg Markets
Source Bloomberg Markets
Beyond the Central Bank: Building the institutional architecture of Nigeria’s next economic transformation
Nigeria’s next great financial reform may have remarkably little to do with the Central Bank. It may not require another read more Beyond the Central Bank: Building the institutional architecture of Nigeria’s next economic transformation Excerpt, BusinessDay
Source BusinessDay