My Financial News from Nigeria, Bank deposits

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Nigeria , Thursday 16 April 2026

News Nigeria Bank deposits: Nigeria’s Banks place N7 trillion excess cash on CBN’s deposit facility

Published on: Thursday 12 March 2026
Nigeria’s Banks place N7 trillion excess cash on CBN’s deposit facility
News source: https://nairametrics.com/2026/03/13/nigerias-banks-place-n7-trillion-excess-cash-on-cbns-deposit-facility/

Nigeria’s deposit money banks (DMBs) have placed nearly N7 trillion in excess liquidity at the Central Bank of Nigeria’s (CBN) ...

News Nigeria Bank deposits: Zenith Bank: Leading with Investors’ Confidence

Published on: Sunday 16 January 2022
News source: https://www.vanguardngr.com/2022/01/zenith-bank-leading-with-investors-confidence/

By Babajide Komolafe Zenith Bank Plc emerged as the most capitalised bank on the Nigeria Exchange Limited (NGX), leading the banking sector with market capitalisation ...

News Nigeria Bank deposits: Standard Chartered Bank’s 50% branches closure: Losses, lessons, future of banking in Nigeria

Published on: Monday 17 January 2022
News source: https://tribuneonlineng.com/standard-chartered-banks-50-branches-closure-losses-lessons-future-of-banking-in-nigeria/

In a move to expand its digital presence in the face of technology-driven banking options, Standard Chartered Bank announced the closure of 50 per cent of ...