chike-obi

Mustapha Chike Obi, CEO of AMCON and other financial experts have picked holes in the logic of the IMF asking the Federal Government to begin winding down AMCON. Part of the multilateral institution’s 2012 Article IV consultation on…

The Asset Management Company of Nigeria (AMCON), which was set up by the government to act as a bad bank in acquiring non-performing loans from the nation’s commercial banks, has disclosed it spent about N5.6trillion or $35.5bn in buying…