The Central Bank of Nigeria (CBN) has withdrawn about N59.3 trillion from the financial system since January 2026 as part of efforts to tighten liquidity ahead of the 2027 general elections and reduce the risk of election-related cash surges that could encourage vote buying. The…
CBN Tightens Cash Supply Ahead of 2027 Polls to Curb Vote Buying
The Central Bank of Nigeria (CBN) has withdrawn about N59.3 trillion from the financial system since January 2026 as part of efforts to tighten liquidity ahead of the 2027 general elections and reduce the risk of election-related cash surges that could encourage vote buying. The…