The Asset Management Corporation of Nigeria (AMCON) says it has repaid N2 trillion out of its N4.7 trillion commitment to the Central Bank of Nigeria (CBN). Speaking on the corporation’s focus in his new five-year term,...
The Non-performing loans (NPLs) ratio for Nigerian banks worsened in 2020, overshooting the Central Bank of Nigeria (CBN)’s regulatory limits of five per cent to close at six per cent at the end of December...
The Management of Asset Management Corporation of Nigeria (AMCON) has said 350 debtors owe it N3.6 trillion, an amount higher than the N3.12 trillion set aside this year by the Federal Government for debt servicing. AMCON...