By InvestAdvocate Lagos (INVESTADVOCATE)-Aliko Dangote, Africa’s richest man, has teamed up with Kaduna and Kebbi two (2) Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a Reuters report on Thursday quoted Nasir El-Rufai, the governor of Kaduna State. According to the report, governor El-Rufai […]
Tag: Asset Management Corporation of Nigeria
Nigeria’s ‘bad bank’ AMCON seeks to sell Keystone Bank
February 15, 2016/Reuters Nigeria’s state-backed “bad bank” AMCON said on Monday it was seeking prospective investors to buy Keystone Bank, the last of the nationalised banks yet to be sold. The Asset Management Corporation of Nigeria (AMCON) said in a public notice it had decided to divest its 100 percent […]
220 firms owe AMCON N1.14 trillion
February 5, 2016/Vanguard By Babajide Komolafe Asset Management Corporation of Nigeria (AMCON) yesterday said that Seawolf Nigeria Limited, and 219 other companies are indebted to it to the tune of N1.14 trillion. This was contained in a list of debtors released yesterday by the Corporation for publication in major newspapers. […]
