The Federal High Court, Abuja, on Thursday ordered the Asset Management Corporation of Nigeria (AMCON) to pay Capital Oil and Gas Industry Limited N26.5 billion as contained in a consent…
Read More Court orders Amcon to pay Capital Oil N26.5b
Category: Business
Erisco Foods threatens to shut down plant, sack 1500 workers
Ebun Francis with News Agency of Nigeria Chief Eric Umeofia, the chief executive officer of Erisco Foods,an indigenous firm, Erisco Foods and a strong supportef of President Buhari’s administration has…
Read More Erisco Foods threatens to shut down plant, sack 1500 workersBad loans in banks above limit-Emefiele
Bad loans in Nigeria’s banking system soared to more than double the limit set by the regulator as the industry struggles with an economic downturn. The ratio of non-performing loans…
Read More Bad loans in banks above limit-Emefiele