CBN injects N3.8 trillion in two days, boosting system liquidity to N4.89 trillion
The Central Bank of Nigeria (CBN) repaid a combined N3.81 trillion into the banking system across September 15 and 16, 2026, boosting banking system liquidity by 131% to N4.891 trillion parked with the apex bank through the Standing Deposit Facility (SDF) on September 16 alone. The post CBN injects N3.8 trillion in two days, boosting system liquidity to N4.89 trillion appeared first on…
On September 15 and 16, 2026, the Central Bank of Nigeria (CBN) injected a combined N3.81 trillion into the banking system, boosting liquidity by 131% to N4.891 trillion. This increase was primarily due to repayment of N3.056 trillion in Open Market Operations (OMO) and N748.64 billion in primary-market on September 16 alone, according to CBN financial market data.
Banks opened September 16 with balances of N251.25 billion, a decrease of N113.53 billion from N364.78 billion on September 15. Despite the significant repayment, the N748.64 billion primary-market repayment was only about six-and-a-half times smaller than the N4.891 trillion parked at the SDF. The cumulative N3.81 trillion release through OMO and primary-market repayments comes as banks placed a cumulative N7.01 trillion at the SDF during this period.
The scale of the September 15–16 repayments aligns closely with liquidity inflows projected by the Financial Markets Dealers Association (FMDA), which estimated total liquidity inflows of N3.56 trillion for the week.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
