•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous month of April 2026. According to the Central Bank of Nigeria, CBN, Monthly Economic Report for May 2026, the sharp rise in liquidity was driven largely by inflows from maturing CBN bills, bond coupons and disbursements by the Federation Account Allocation Committee (FAAC). Source: https://www.vanguardngr.com/2026/09/banks-awash-with-excess-cash-amidst-poverty/