Some banks in the country are reportedly not making adequate provisions for bad and doubtful loans in their books as mandated by the Central Bank...
Indian banking and financial services software powerhouse, Nucleus Software Exports has rolled out a new credit and loan system that will enable banks in Africa to...
Chike Obi, managing director, Asset Management Company of Nigeria (AMCON) has said that the have foreclosed further purchase of non-performing loans from the nation’s deposit money...
The Senate yesterday, lamented the failure of the Asset Management Company of Nigeria (AMCON) and demanded a probe of the N5.6 trillion pumped into the Company...
Nigerian banks have been discovered to have the highest cost base amongst their peers due to increased levy paid to the Assets Management Company of Nigeria...
Jones Onyereri, chairman, House of Representatives Committee on Banking and Currency, said the Central Bank of Nigeria (CBN) would contribute N50 billion to the Assets Management...
Deposit Money Banks (DMBs) in the country have agreed to set aside some N105 billion for a sinking fund to cover the cost of cleaning up...
Management of Aero Contractors and officials of Asset Management Corporation of Nigeria (AMCON) which currently holds 60 per cent shares of the airlines have uncovered ticket...