Tag: Defaulters

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, […]

Mobil, PZ, 88 others default on NSE disclosures

Mobil Oil Nigeria Plc, PZ Industries Plc, Forte Oil Plc and 87 other companies quoted on the Daily Official List of the Nigerian Stock Exchange have defaulted on the mandatory disclosure of their financial status to the Exchange. The affected companies, according to an X-Compliance report posted on the NSE […]