AMCON dismisses reports on debt profile of Nwankwo Kanu’s Hardley Apartments as inaccurate

The Asset Management Corporation of Nigeria (AMCON) has dismissed media reports on the debt profile of Nwankwo Kanu’s Hardley Apartments, describing the reports as inaccurate stories that are sponsored and published in the media to mislead the public and whip up sentiments for former Super Eagles player, Mr. Nwankwo Kanu.   A statement signed by Mr. Jude Nwauzor, Head, Corporate Communications, the Corporation was quoted to have said, “AMCON is not in the habit of joining issues with obligors on the pages of the newspapers especially when the matter is…

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Interswitch opens platforms for easy 2019 JAMB / UTME registration

Following its accreditation by the Joint Admission and Matriculation Board (JAMB) to provide ePINs and forms for candidates looking to register for the JAMB/UTME examinations, Interswitch, a foremost Pan-African digital payment and Commerce Company, has announced the opening of its platforms for the 2019 JAMB/UTME registrations. Prospective candidates seeking to register for the 2019 JAMB/UTME examinations, can easily obtain their ePINs and forms from enabled Interswitch platforms such as Quickteller Mobile App/Web, Quickteller Paypoint (Agents), via payment with Interswitch WebPAY on JAMB’s website and through payment using Interswitch Paydirect at…

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ABB opens first Turbo Charger Service Workshop in Lagos

ABB Nigeria, a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, on Tuesday, December 4, 2018, officially declared open its new office facility at Metalbox Road, Ogba, Lagos. This was following its rapid growth in the Nigerian market. The new facility, which is situated in the industrial area of Lagos, enables easier communication across the company, is more spacious and is fitted with unique features, including a Turbo charging service workshop which is the first in Nigeria. It also features a training center for…

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Government must drive diversification process   – Ekpo

Photo Caption: Caption: Captain Iheanacho Ebubeogwu receiving the award for Trade Facilitation and Transparency On behalf of the Nigerian Ports Authority, from Mr Marcel Okeke, Anambra State Deputy Governorship aspirant in the last election On the Occassion of the NEPAC Awards ceremony held Thursday at the Sheraton, Lagos Hotel and Towers By Andy Nssien The Director-General of the West African Institute for Financial and Economic Management ( WAIFEM), Prof. Akpan Hogan Ekpo has stressed the need for the Government to play  active role  in diversifying the Nigerian economy through formulating and…

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Cross River Garment factory to be launched during Carnival Calabar

The Cross River State government has concluded arrangements to launch its owned garment factory during this year’s Calabar Carnival. The recent unveiling of the new range of wears which included T-shirts, boxers, polo, shirts and trousers by the State government owned garment factory in partnership with Blue Ocean of India is in line with the state government’s cardinal vision of producing clothing that can compete with the best designs in the world. Speaking while inspecting the products at the Calabar Garment Factory, the governor, Prof Ben Ayade said he was…

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NAHCO posts N7.25b turnover in nine months

.. Leverages on service, process improvements Riding on the back of an excellent half – year performance, the Nigerian Aviation Handling Company plc (nahco aviance) has once again posted impressive Q3 results. The company leveraged on service and process improvements to achieve the impressive result In the figures released to the Nigerian Stock Exchange (NSE), the Company recorded an impressive N7.25Billion turnover for the nine-month period which ended September 30, 2018. This is an increase of 25 percent over the same period in 2017. This outstanding performance saw the Company…

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AMCON, CBN win NSITF compliance award  

Photo Caption: Executive Director, Asset management Corporation of Nigeria (AMCON) Mr. Aminu Ismail (2nd left) presenting the NSITF compliance awards to AMCON Managing Director/Chief Executive Officer, Mr. Ahmed Kuru (2nd right); with them are AMCON Company Secretary/Legal Adviser, Mr. Saidu Jallo (right) and AMCON Group Head, Resolution, Mr. Jushua Ikioda (left) when the AMCON boss received the award in Abuja on Friday.    The managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru (ALK) at the weekend officially received the award plaque, presented to the…

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Frost & Sullivan expands into North, West Africa

Frost & Sullivan, a global growth advisory and market intelligence firm, has announce its dedicated presence in North and West Africa to help Africa grow. The firm will offer its global expertise within the local context to provide practical and sustainable support and assist in growing organisations from a research and consulting perspective. With four dedicated offices in Africa and strategic partnerships in 13 additional countries, Frost & Sullivan is well equipped to support investors, corporate leaders and governments in areas where development is needed. Africa operations director/ partner, Hendrik…

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CBN withdraws Skye Bank license

.. Establishes Polaris Bank to assume its assets, liabilities Central Bank of Nigeria, CBN has withdraw the banking license of Skye Bank Plc and established a new bank, Polaris Bank to take over its assets and liabilities. Speaking during a press briefing to announce the withdrawal of Skye Bank licence on Friday September 21, the CBN Governor, Mr. Godwin Emefiele stated that the result of its examinations and forensic audit of the bank has revealed that Skye bank requires urgent recapitalisation as it can no longer continue to live on…

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