... Debts on Bail-Out, AMCON, Foreign Loans, Bonds, Commercial Agric
... Osun, Bayelsa, 4 other States in Critical conditions
The Federal Government has deducted a total sum of N32bn from allocations of states from the Federation Account in the month of April 2016 for different loans...
Shortly after successful completion of my first degree in Kwara State University (KWASU), I started my internship with Image Merchant Promotions Limited, a Public Relations and Media outfits in Abuja. The Agency publishes Economic Confidential, Spokespersons’ Digest, Youths Digest and PRNigeria Online.
I was assigned...
Assets Management Corporation of Nigeria (AMCON) was created in 2010 to be a key stabilizing and re-vitalizing tool established to revive the financial system by efficiently resolving the non-performing loan assets of the banks in the Nigerian economy. In this interview with the Economic...
The Nigeria Sovereign Investment Authority (NSIA) ye signed a total of $700 million-agreement with Old Mutual Investment Group (OMIG) South Africa, and UFF Agri-Fund for the establishment of real estate and agriculture co-investment vehicles, with massive direct investments expected in both sectors.
The signing came...
The Asset Management Corporation of Nigeria (AMCON) may introduce the “real-estate investment scheme” by the end of the year to raise money to meet its bond repayments, its Chief Executive Officer Ahmed Kuru has said.
Kuru told Bloomberg that the agency plans to sell the...
...Interbank interest rate hit 22%
...We don’t run any business — AMCON
The naira depreciated in all the segments of the foreign exchange market last week due to shortage of dollars.
Meanwhile the interbank foreign exchange market will experience the maturity of $697 million one-month forwards contract...
