Tag Archive: Asset Management Corporation of Nigeria

Bad Economic Policy that Could Devastate Nigerian Businesses and Investment

Nigerian government established Asset Management Corporation of Nigeria (AMCON) on July 19, 2010 to provide opportunity for banks to sell off non-performing loans, complement re-capitalization of insolvent Nigerian commercial banks, propel lending ideology in Banks, enable banks to free up valuable resources and enable banks to focus on their core activities. AMCON went hard into …

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