Tag: Bridge Banks

AMCON spent N1.7tn on non-performing loans — Chike-Obi

The Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, says AMCON has spent N1.7tn to buy non-performing loans of banks. He also talks about the race for the CBN governorship, in this interview with OYETUNJI ABIOYE Employees of bridge banks are worried about who the eventual buyer of […]

We’ve restored confidence in nationalised banks – AMCON

The Executive Director, Finance and Operations, Asset Management Corporation of Nigeria, Mrs Mofoluke Dosunmu, has said that there is no more segregation in the banking industry. Dosunmu said that confidence had been restored in the bridged banks and were now competing like other banks in the country. A statement by […]