10 Banks Pay N1.66trn Into AMCON’s Trust Fund In 10 Years

Within 10 years, precisely between 2014 and 2023, 10 deposit money banks paid N1.66 trillion into the Banking Sector Resolution Cost Trust Fund (BSRCTF), also known as the Assets Management Corporation of Nigeria (AMCON) sinking fund. Established in July 2010 to salvage the books of banks on the verge of collapse under the burden of [...]

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