By Obinna Chima The Asset Management Corporation of Nigeria (AMCON) Monday said it has received all the necessary regulatory approvals to float the earlier postponed N1.5 trillion fully tradeable bonds by the end of March. Chief Executive Officer and Managing Director, AMCON, Mr. Mustapha Chike-Obi, made this remark in a chat […]

By Ifeanyi Onuba, Abuja There are indications that UnityKapital Assurance Plc and the Bureau of Public Enterprises may be heading for a collision course over the decision of the latter to divest 24 per cent of the Federal Government’s equity in Transcorp Hilton Hotel. The outgoing Managing Director, UnityKapital, Alhaji […]

By Stanley Opara The Asset Management Corporation of Nigeria is now set to purchase non-performing loans of banks ranging from N20m to N50m, its Managing Director, Mr. Mustapha Chike-Obi, has said. Chike-Obi told our correspondent in a telephone interview on Monday that the corporation would, in the next phase, also […]