Tuesday, July 20, 2010
By Felix OnuahAbuja - Nigeria's president on Monday signed into law legislation creating an asset management company to soak up bad bank loans and revive private sector lending in sub-Saharan Africa's second biggest economy.Establishment of the Asset Management Corporation of Nigeria (AMCON) is considered vital to restoring confidence in the Opec member's banking sector after last year's $4-
Labels: nigeria
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