Saturday 17 November 2018
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leadership - 9 days ago

AMCON, Banks Plan Clamp Down On Oil Marketers Over N650bn Debt

The Asset Management Company of Nigeria (AMCON) and some commercial banks have commenced  moves to takeover of assets owned by the Independent Petroleum Marketers Association of Nigeria (DAPPMA) over N650 billion un-serviced debt. LEADERSHIP gathered that the action was in response to the inability of the marketers to offset money borrowed from the banks [ ] The post AMCON, Banks Plan Clamp Down On Oil Marketers Over N650bn Debt appeared first on Leadership Newspaper and Nigerian News Network.

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