Tag: Daily Trust

N900bn debts: AMCON begins sale of defaulters’ assets

..To publish more bad debtors The Asset Management Corporation of Nigeria (AMCON) has commenced the sale of assets of bad debtors. Already, AMCOM has advertised 34 properties for sale yesterday in its website for those banks’ assets purchased from various eligible financial institutions in Nigeria. AMCON’s Managing Director, Ahmed Kuru, […]

Fixed income market soar by 33% in 2015

January 31, 2016/Daily Trust By Kayode Ogunwale In spite of the challenges the market faced in 2015, FMDQ OTC provider of Over- The-Counter trading platform for fixed income in Nigeria saw its turnover grow from N103.60 trillion in 2014 to N137.40 trillion in 2015, a growth rate of 33 per […]