Nigeria's AMCON seeks bids for Enterprise Bank sale

LAGOS (Reuters) - The Asset Management Company of Nigeria (AMCON) said on Monday it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise Bank, the first of Nigeria's three nationalised lenders to be put up for sale. "Bad bank" AMCON, which holds non-performing assets of troubled banks, in July appointed Citigroup and Africa-focused investment bank Vetiva Capital ...
Read the rest of the story on Yahoo Nigerian News

Added September 02, 2013
from Yahoo Nigerian News