Commercial banks significantly reduced the volume of funds lodged at the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF) window last week, dropping placements by 40% as overall system liquidity declined sharply. The contraction came as the CBN intensified its open market operations (OMO), issuing large volumes of OMO bills across two primary market … Continue reading Banks Scale Back CBN Window Placements By 40% As Liquidity Tightens