Back

AMCON says N3.6 trillion debt repaid, achieves 87% recovery

AMCON says N3.6 trillion debt repaid, achieves 87% recovery

The Asset Management Corporation of Nigeria (AMCON), a government-owned behemoth established in the wake of the 2008/2009 financial system crisis to save banks from collapse, has repaid about N3.6 trillion to the Central Bank of Nigeria (CBN) since 2010, when it commenced operations. The amount, wh...

Sentiment: Negative ( -0.63 ) Bias: Neutral

Fact-Checked Information

Source: Google Fact Check Tools
Reliability: Unknown
Notes: No fact-checks found for this content
Verified on Dec 04, 2025

Comments