AMCON sells off Ibadan Disco for N100bn as assets sale begins

Dailytrust | 04-07-2025 03:26pm |

The Asset Management Corporation of Nigeria (AMCON) has commenced sale of assets of debtors with a number of high profile assets already listed for sale in its bid to recover over N4 trillion non-performing loans. One of them, Ibadan Electricity Distribution Company (IBEDC), has reportedly been sold off for N100bn with the process of handing [...]

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