The Asset Management Corporation of Nigeria said it has recovered over N2.1tn in debts despite its challenges since inception.
It also stated that the corporation currently has over 2,000 cases in court, as some of AMCON’s debtors owe nearly N5tn, adding that the debtors who borrow these monies do not use it for the purpose for which the money was borrowed.
This was disclosed in Lagos during a press conference by the agency’s Head of…
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