AMCON sells Keystone Bank to local investors

AMCON sells Keystone Bank to local investors

Nigeria’s state-backed ‘bad bank’ AMCON has sold the nationalised Keystone Bank to a consortium of local investors called Sigma Golf Nigeria Limited and Riverbank Investment Resources, it said on Monday. Keystone Bank was the last of the lenders nationalised in Nigeria, which state-backed AMCON was seeking to sell. It was one of three banks nationalised…

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