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Nigerian Banks flood CBN with N3.7 trillion excess cash on Christmas Eve
Nigerian commercial banks deposited a staggering N3.7 trillion into the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF) on December 24, signaling one of the highest liquidity surges in months.
This is according to financial data from the CBN covering December 22–24, 2025, which showed a sharp increase in idle fund placements just ahead of Christmas.
The spike came despite the apex bank’s earlier liquidity mop-up through a N1.7 trillion Open Market Operation (OMO) on December 22, revealing persistent excess cash in the financial system.
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