Report: Banks’ Deposits with CBN Declined 1.14% to N82.99tn in August Kayode Tokede
Nigerian banks’ deposits with the
Central Bank of Nigeria (CBN) declined by 1.14 per cent monthon-month to N82.99 trillion in
August 2026, from N83.96 trillion recorded in July, latest data from the apex bank have revealed.
Banks deposit excess liquidity with the CBN through the Standing Deposit Facility
(SDF), thereby earning interest on overnight deposits. According to the CBN’s
financial data, the N82.99 trillion Continued on page 5
Okonjo-Iweala, US Lawmakers Excited as Donald Trump Signs Bill for Two-year Extension of AGOA… Page 5 Sunday, September 6, 2026 Vol 31. No 11473
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Fuel Subsidy: Nigerians Shouldn’t Pay for Govt’s Failures, Says Makinde Kemi Olaitan in Ibadan
Oyo State Governor, Mr. Seyi Makinde, has rejected the argument that Nigerians should pay higher petrol prices in order to eliminate the L-R: Former Vice President and presidential candidate of the African Democratic Congress, Alhaji Atiku Abubakar; his wife, Titi; former Vice President, Prof. Yemi Osinbajo; wife of the vice presidential price differential that encourages the candidate of ADC, Judith Amaechi, her husband, Chibuike Amaechi; National Chairman of ADC, Senator David Mark; Senator Tunde Ogbeha; and former Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, during the funeral service of Amaechi’s mother, Mrs. Mary Orduah Amaechi, in Ubima, Ikwerre Local Government Area of Rivers State…yesterday
Continued on page 5
Scrutinise Kwankwaso’s Background and Mine, Peter Obi Tells Nigerians 30 govs won’t guarantee victory for APC in 2027, Kwankwaso insists
TWENTY-HEARTY CHEERS TO PAC HOLDINGS…
See story on page 5
L-R: Mrs. Chinelo Oramah; Keynote Speaker, Professor Benedict Oramah; Special guest of honour/Lagos State Governor, Mr. Babajide Sanwo-Olu; Mrs .Omolola Oshiafi, her husband/Group Managing Director/CEO of PanAfrican Capital Holdings, Mr. Chris Oshiafi; Head of Business Development and Investor Relations at Amber Hospitality Services Limited, Josephine Oshoafi-Onuoha; Oba of Oniru, His Royal Majesty, Oba Abdulwasiu Omogbolahan Lawal, Abisogun II; and Non-Executive Director of PAC Holdings, Amina Jambo, during PAC Holdings 20th anniversary celebration in Lagos…recently PHOTO: KUNLE OGUNFUYI