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Nigeria: Banks' Deposits With CBN Declined 1.14% to N82.99tn in August - Report

Africa 1 source 1 country 🔦 Under-reported 58m ago

Nigerian banks recorded a 1.14 percent month-on-month decrease in their total deposits held with the Central Bank of Nigeria (CBN) during August 2026. According to official data from the apex bank, the total volume of deposits fell to N82.99 trillion, down from the N83.96 trillion reported in July.

This decline reflects a shift in the liquidity levels maintained by commercial banks within the central banking system. The figures provide a snapshot of the financial sector's interaction with the regulator during the specified period.

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