HALISTER1: Nigeria’s Amcon, EFCC Boost Efforts to Recover NGN4.6T: Punch

Nigeria’s Amcon, EFCC Boost Efforts to Recover NGN4.6T: Punch

(Bloomberg) -- Asset Management Corporation of Nigeria, Economic and Financial Crimes Commission to reopen investigations of lenders and their officials, whose actions increased amounts of non-performing loans, and possibly prosecuting them, Lagos-based newspaper reports, citing statement by the organisations.
  • NOTE: May 25, Nigeria’s Amcon 2016 Loss Widens to 351b Naira vs 304b Naira
To contact the reporter on this story: David Malingha Doya in Abuja at dmalingha@bloomberg.net

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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