Banks deposit with the Central Bank of Nigeria, CBN, grew by 568.7 percent, YoY, to N146.13 trillion in the first nine months of the year 9m25 from N21.85 trillion in the corresponding period of 2024 9m24, indicating excess liquidity in the banking system.
Trend analysis showed that banks deposits in SDF rose sharply by 158.4 percent Quarter-on-Quarter QoQ to N49.68 trillion in the second quarter of 2025 Q225 from N19.22 trillion in Q125. In Q325, banks deposited N77.23 trillion, up by 55.4 percent.