Tag: Asset Management Corporation of Nigeria

Nigeria needs 2.0 trillion Naira to Address its Mortgage Problem-Chike-Obi

By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- Mustafa Chike Obi, the managing director asset management corporation of Nigeria (AMCON) Tuesday said Nigeria needs about 2 trillion naira to address its mortgage problem. Chike Obi said this in Lagos Nigeria as a guest lecturer at the Hallmark Public Policy Forum ‘’ Emerging […]

AMCON to sell Enterprise, Mainstreet banks October

The Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, has said that the agency will sell two of the three nationalised banks this year. Specifically, he said Enterprise Bank Limited would be sold in June and it would be the turn of Mainstreet in October. “We believe that […]

AMCON Board Meets on Divestment from Enterprise Bank March 06

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The board of Asset Management Corporation of Nigeria (AMCON) will on Thursday March 06, 2014 meet to deliberate on its divestment from Enterprise Bank Limited. Mustapha Chike-Obi, the managing director/chief executive officer (MD/CEO) of AMCON disclosed this in a telephone chat on Wednesday […]