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Femi Otedola Pays Off N141 Billion Debt Says AMCON

Controversial oil magnate, Femi Otedola, has paid off his N141 billion loan to the Asset Management Corporation of Nigeria (AMCON). AMCON’s Managing Director, Mustapha Chike-Obi who made this disclosure, said Otedola made the payment last thursday. Otedola and his companies were the biggest debtors in the country, according to information released from the Central Bank of Nigeria last month. The ... Read More »