Banks borrowing from CBN surge to N24.81trn
Banks’ borrowing from the Central Bank of Nigeria (CBN) surged by 171% to ₦24.81 trillion in February 2025, up from ₦9.15 trillion in January 2025.
This increase reflects liquidity constraints in the interbank money market.
The CBN offers two short-term lending windows: the Standing Lending Facility (SLF) and Repurchase (Repo) lending.
Meanwhile, banks’ deposits with the CBN through the Standing Deposit Facility (SDF) declined by 50% to ₦4.65 trillion in February 2025, down from ₦9.31 trillion in January 2025.
