Tag: AMCON

“I can boldly say that those airplanes in our industry we call what happened with it recovery. So they have been recovered. If a company owes and it cannot pay, those airplanes were actually mortgaged to AMCON and it is very clear that at some point they’d take their assets and that is what was done.”

FEDERAL Government has urged banks to re-strategize on their risk management methods in the sector as the use of huge intervention funds may not...

ASSET Management Corporation of Nigeria (AMCON) has denied plans to liquidate the Kano-based Nigerian Braiding Manufacturers Limited (NBML) over loans which have snowballed to...