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Debt Recovery: Reps To Speed Up Amending AMCON Bill

Debt Recovery: Reps To Speed Up Amending AMCON Bill   The Chairman, House of Reps Committee on Banking and Currency, Sir Jones Onyereri, has said the Asset Management Corporation of Nigeria Amendment(AMCON) Bill will be presented before the House in the next one or two weeks. Onyereri...

NIMASA Begins Recovery of $5bn Debt

The Nigerian Maritime Administration and Safety Agency says it is embarking on a debt recovery measure aimed at collecting about $5bn from its debtors. A statement by NIMASA recalled that debts owed the agency by various operators in the maritime industry had necessitated an investigation...