Tag: Mustafa Chike-Obi

AMCON to take over assets of chronic debtors

The Asset Management Corporation of Nigeria will obtain court order to take over assets of some debtors who have made no reasonable progress to pay back their debts, investigation by our correspondent has revealed. It was gathered from a top official in AMCON on Tuesday that although some debtors were […]

Nationalisation of PHB, Spring, Afribank fraudulent – Reps panel

The House of Representatives Ad-Hoc Committee on the Near-Collapse of the Capital Market, has said that the nationalisation of Afribank Plc, Bank PHB and Spring Bank by the regulatory authorities was fraudulent. The committee listed Sanusi and Oteh among other officials to be investigated by the Economic and Financial Crimes […]