The Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, says AMCON has spent N1.7tn to buy non-performing loans of banks. He also talks about the race for the CBN governorship, in this interview with OYETUNJI ABIOYE Employees of bridge banks are worried about who the eventual buyer of […]
Author: InvestAdvocate
Sterling Bank introduces new business initiatives
Press Release *shortlists 50 qualified contestants Sterling Bank Plc has resolved to invest in new business initiatives and nurture them to become viable Small and Medium Enterprises (SMEs) as part of efforts to facilitate real growth in the Nigerian economy. The bank said small businesses remain the catalyst for real […]
BOI To Start Disbursement Of $500m Fund
The Bank of Industry (BoI) on Friday announced that it would soon commence the disbursement of the African Development Bank’s $500 million (N80 billion) fund to industrialists in Nigeria. This is even as the bank put the total loan disbursement across various sectors of the Nigeria economy within two years […]
