NESBITT Investment Nigeria Limited has taken over the management of Peugeot Automobile Nigeria (PAN) Ltd as the core investor. It has also disclosed plans to inject $150 million for retooling and upgrading of the assembly line, support infrastructure and working capital over the next three years.
At the handing over ceremony in Kaduna, the Chairman of PAN Nigeria Ltd, Honourable Ahmed Wadada Aliyu, commended AMCON for the opportunity to invest in PAN as the new core investor…
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News Archive from before July 2018