Banks’ OMO cash surge lifts deposits with CBN by 150%

    Hope Moses-Ashike | Editor’s picks | Nov 27, 2025    
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Nigeria’s banking system is awash with excess liquidity from Open Market Operation (OMO) repayments, driving a sharp rise in deposits placed with the Central Bank of Nigeria (CBN) just a day after the Monetary Policy Committee (MPC) reduced the returns banks earn on such funds.

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