The Asset management Corporation of Nigeria on Wednesday denied claims that the corporation had taken over the ownership of Wema Bank. According to the Head, Corporate Communications, AMCON, Mr. Kayode Lambo, the agency does not interfere with the running of the bank. “AMCON does not have any impact on Wema […]
Tag: AMCON
Nigeria’s AMCON seeks bids for Enterprise Bank sale
The Asset Management Company of Nigeria (AMCON) said on Monday it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise Bank, the first of Nigeria’s three nationalised lenders to be put up for sale. “Bad bank” AMCON, which holds non-performing assets of troubled banks, in July […]
Enterprise Bank boss backs AMCON divestment
The Managing Director/Chief Executive Officer of Enterprise Bank Limited, Mallam Ahmed Kuru, has expressed support for the planned divestment of the Asset Management Corporation of Nigeria’s shareholding from the bank. He also affirmed the appointment of the Citigroup and Vetiva Capital Management Limited by AMCON as the financial advisers in […]
