Nigeria’s Banking System Swells as Excess Liquidity Hits N6.9 Trillion

Surging liquidity in Nigeria’s financial sector reached unprecedented highs over the weekend, driven by subdued mop-up operations from the Central Bank of Nigeria. The resulting cash glut poses fresh monetary policy dilemmas as authorities weigh growth imperatives against lingering inflation risks. Market watchers are closely tracking upcoming apex bank interventions to see how aggressively surplus funds will be drained.