Asset Management Corporation of Nigeria (AMCON) recovered N307 billion from debtors between 2020 and 2021, increasing its recovery rate by 10 per cent growth across various asset classes. According to the inter-agency
More
Nigerian investor, Lawan Auwal Abdullahi, is power behind Strategic Capital Investment Limited (SCIL) that acquired Polaris Bank from government’s debt recovery agency, Asset Management Corporation of Nigeria (AMCON). Prime Business Africa had
More
Polaris Bank has described reports that the financial institution is set to be sold to a commercial farmer and the Sarkin Sudan of Gombe State, Auwal Lawan Abdullahi, as speculative. In a
More
The Central Bank of Nigeria (CBN) is reportedly planning to sell Polaris Bank at the cost of N40 billion to Auwal Lawan Abdullahi, a commercial farmer and the Sarkin Sudan of Gombe
More
The House of Representatives have decided to summon the heads of Central Bank of Nigeria (CBN), Nigerian Financial Intelligence Unit (NFIU), and Nigeria Deposit Insurance Corporation (NDIC), over their inability to recover
More