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1000Reasons

2010Event

AMCON established

Nigeria created the Asset Management Corporation of Nigeria to buy non-performing loans and stabilize banks after the crisis.

Hall of FameFourth Republic

2010

AMCON established

Nigeria created the Asset Management Corporation of Nigeria to buy non-performing loans and stabilize banks after the crisis.

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What happened

Nigeria created the Asset Management Corporation of Nigeria to buy non-performing loans and stabilize banks after the crisis. AMCON became a major financial-sector resolution vehicle.

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