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All posts tagged "sinking fund"

  • Sinking fund: CBN, Bankers Committee agree on 0.5% contribution

    The Central Bank and the Bankers Committee have signed a memorandum of understanding for the contribution of 0.5 per cent of commercial banks earnings to the sinking fund. The sinking fund which is a system by which...

    • Posted August 14, 2013
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  • AMCON to retire N2tr bonds, refinance another N3.6tr

    Weeks after the call by a call by the International Monetary Fund (IMF) for a wind down of the Asset Management Corporation of Nigeria (AMCON), its management at the weekend announced plans to refinance its initial N5.7...

    • Posted May 20, 2013
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