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CBN doubles down on tightening, sterilises N15 trillion in January 2026

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CBN doubles down on tightening, sterilises N15 trillion in January 2026

04 Feb, 2026

Nigeria’s financial markets entered 2026 under intense pressure as the Central Bank of Nigeria (CBN) withdrew more than N15 trillion from the banking system in January, reinforcing its tight monetary stance amid persistent inflation and foreign exchange risks. The development is based on CBN financial market data and insights from market operators monitoring liquidity conditions and fixed income activity.....................................….......READ MORE