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The Journal

The Journal

The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview

Trending News
  • Home
  • News & Issues
    • News
    • Art and EntertainmentHighlighting outstanding careers in the Arts and Entertainment industry in Nigeria.
    • Food and AgricultureHighlighting outstanding careers in the Food and Agricultural Sector in Nigeria.
    • Health, Science and TechHighlighting outstanding careers in the Health sector in Nigeria.
    • Education
    • GovernanceHighlighting outstanding careers in Governing Offices in Nigeria.
    • Politics
    • Business
    • Economy
    • International AffairsDescription for Category, better for SEO purpose
    • Features
    • SportsHighlighting outstanding careers in the field of Sports in Nigeria.
  • People
    • Biography
    • Profiles and eBooksFeatured posts
    • In Memoriam
    • HERstory
  • Brands, Culture and Lifestyle
  • Contact us

 

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Standing Deposit Facility Nigeria

Banks’ Deposits with CBN Fall to N82.99tn
  • Business

Banks’ Deposits with CBN Fall to N82.99tn

Chinwe Igbokwe3 weeks ago3 weeks ago05 mins

Nigerian commercial banks trimmed their cash deposits with the Central Bank of Nigeria by 1.14 per cent to N82.99 trillion in August 2026, pulling back from the record N83.96 trillion parked in July. Fresh balance-sheet data from the apex bank shows lenders adjusted their short-term balances through the Standing Deposit Facility to pursue higher returns…

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