The U.S. Exim Bank provided fund for $36,021,786.55 (guaranteed by First Bank); the provision of a $15.15 million Term Loan to finance the acquisition of two vessels to service a fiveyear charter.
That is why the famous g r o u n d nu t p y r a m i d s o f Kano, for instance, went into oblivion while the country which used to be the largest producer of palm oil started importing the produce.
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By Abubakar D. Sani, Esq – TheNigerialawyer asset management corporation of Nigeria (AMCON) – Notice to amcon debtors. The ASSET MANAGEMENT CORPORATION OF NIGERIA (AMCON) is saddled with the statutory responsibility amongst others of recovering the non -performing loan hitherto disbursed by eligible financial institutions (Banks) to their Customers.Take a trip into an upgraded, more organized inbox.
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Acquisition And Recovering Of Eligible Bank Assets By AMCON Under The AMCON Act Is An Exception To The Doctrine Of Privity Of Contract And Constitutes No Infraction On Any Right Of The Debtor: A Rejoinder To Abubakar D. Sani
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