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Banks Defer Credit, Await AMCON

    By Emele Onu, 09.21.2010    Some of the nation’s banks have withheld approval to new private sector credit pending the resolution of issues around their non- performing risk assets with the Asset Management Corporation of Nigeria (AMCON). While some are said to have slowed down the processing of new […]

Rescued banks may have AMCON representatives on their board

  By Ademola Alawiye   Wednesday, 22 Sep 2010   Indications have emerged that the Deposit Money Banks that were rescued by the Central Bank of Nigeria last year may have representatives from the Asset Management Company of Nigeria on their boards if they fail to grow their shareholders‘funds from […]

NSE: Ikazoboh Presents Report to SEC Tomorrow

By Goddy Egene, 09.21.2010   The Interim Administrator (IA) of the Nigerian Stock Exchange (NSE), Mr. Emmanuel Ikazoboh, will tomorrow present a progress report on the activities of the Exchange to the Board of the Securities and Exchange Commission (SEC).THISDAY gathered that  the  Board of SEC will meet in Abuja […]