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Calabar

AMCON takes over Iron & Steel company over N3.6m

The Asset Management Corporation of Nigeria (AMCON) has taken over Bao Yao Futurlex Iron & Steel Company Limited in Abuja and Bao Yao Huan Jian Iron & Steel, Calabar, Cross River State over a N3.6 billion debt owed the corporation. This was the judgment recently delivered by Justice Binta Nyako of the Federal High Court….

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