The Asset Management Corporation of Nigeria (AMCON) would soon begin the arrest and publishing of names of 13, 000 Nigerians who have refused to settle their debts with it. AMCON Executive Director, Credit Directorate, Abbas Mohammed Jega, disclosed this in an exclusive interview with Daily Trust. Jega said this measure […]

Worried by the misleading financial statement prepared by the Bank of Industry and the unsatisfactory responses from its management, the Financial Reporting Council FRC has queried the bank, noting that its reports are capable of misleading the public. It therefore requested that all documents relating to all its transactions and […]

Former Jefferies & Co. Managing Director Jesse Litvak was convicted in the only criminal case against an individual in connection with a U.S. program that used bailout funds to spur investment in mortgage-backed securities. Litvak, 39, of New York, was found guilty by a federal jury yesterday of all counts […]