Nigeria's banking system recorded a liquidity surplus of N4.66 trillion last week, according to Punch. The surplus reportedly eased funding pressure across banks and contributed to a lower overnight lending rate, improving conditions within the country's financial system. The development suggests banks had more funds available than needed to meet their obligations during the period, reducing the cost of short-term borrowing between institutions. Further details on the figures and their implications were not provided in the available report.

Nigeria's non-performing loans (NPLs) ratio increased to 9.85% in February 2026, nearly double the acceptable threshold of 5%. This rise followed the Central Bank of Nigeria's (CBN) withdrawal of regulatory forbearance, which led lenders to reclassify previously deferred exposures. The information was detailed in the CBN's February 2026 Economic Report released on Wednesday.

According to ThisDay Live, banks' borrowing from the Central Bank of Nigeria (CBN) has decreased by 96.04% Year-on-Year (YoY), reaching N2.33 trillion in the first half of 2026. This significant decline occurs amidst ongoing uncertainty in the business environment.

Nigeria's open market operations (OMO) maturities are projected to rise 30.67% to N2.94 trillion this week, up from N2.25 trillion the previous week, according to Nairametrics. The increase keeps total estimated inflows into the country's financial system above the N3 trillion mark for a second consecutive week, signalling sustained liquidity in the money market and continued activity in Central Bank of Nigeria instruments used to manage cash conditions.

The Central Bank of Nigeria (CBN) has intensified its liquidity sterilisation efforts, absorbing around N4.74 trillion from investors through three Open Market Operations (OMO) auctions held on June 22 and June 23, 2026. This move is part of the CBN's strategy to manage liquidity in the financial system during the final week of June 2026, according to Nairametrics.

Cash circulating outside Nigeria's banking system declined for the second consecutive month in July 2026, falling to N4.8 trillion—its lowest level in eight months—according to ThisDay Live. The figure now represents 89.2 percent of total currency in circulation (CIC). The report, citing data attributed to financial sources, also noted that credit to the private sector continued to grow during the period, suggesting ongoing shifts in the country's monetary dynamics.