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Topic: Shareholders fault CBN’s N453bn levy on banks  (Read 662 times)

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Shareholders fault CBN’s N453bn levy on banks
« on: November 20, 2022, 01:06:20 pm »
Shareholders fault CBN’s N453bn levy on banks

The Independent Shareholders Association of Nigeria has kicked against the Central Bank of Nigeria’s imposition of 0.5 per cent levy on commercial banks to fund the Asset Management Corporation of Nigeria. According to the shareholders, AMCON had now received N453.47bn as levies from commercial banks between 2020 and the first quarter of 2022. The shareholders


 
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