In a renewed and spirited effort to ensure the effective recovery of over N5 Trillion being outstanding debts owed the Asset Management Corporation of Nigeria (AMCON), a new task force has been set up to get the job done without […]
The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has again pledged the full support of AMCON to its Asset Management Partners (AMPs) in the pursuit to recover the 20% or N740billion of […]
The Asset Management Company of Nigeria (AMCON) has released the names of its top 105 delinquent debtors. According to AMCON, all avenues provided by the corporation for the debtors to propose acceptable resolution terms have failed. Tops on the list […]
A former national legal adviser of the All Progressives Congress, Muiz Banire, has responded to opposition to his nomination as the chairman, Governing Board, of the Assets Management Company of Nigeria, (AMCON). President Muhammadu Buhari last week nominated Mr Banire, […]
Ogun State Politician and Senator, Buruji Kashamu has denied report that the Asset Management Corporation of Nigeria (AMCON), has taken over his Best Western Hotels in Ikeja and Victoria Island, Lagos State. According to him, there is no court order […]
The Asset Management Corporation of Nigeria (AMCON) yesterday said that the corporation has so far recovered N644 billion from debtors. Speaking during a media briefing in Lagos, the AMCON Chief Executive Officer, Ahmed Kuru, said the corporation would continue to […]
The list of 100 chronic bank debtors released by Assets Management Corporation of Nigeria (AMCON) shows that they owe a total of N953.43 billion. Last week, the state asset company took over the assets of the Silverbird Group and Afrijet […]
The Asset Management Corporation of Nigeria (AMCON) has released a list of 100 out of a total of 217 “Chronic Debtors” in their books, including firms and individuals, as authorized by the Central Bank of Nigeria (CBN). Surprisingly, Senator Ben […]
The Asset Management Corporation of Nigeria (AMCON) has taken over the properties of Ben Murray Bruce, top businessman and lawmaker representing Bayelsa east senatorial district. Citing an order from a federal high court in Lagos, the agency sealed three companies […]
The Federal High Court, Lagos Division has frozen all the assets of businessman Jimoh Ibrahim, as well as his NICON Investment Limited and Global Fleet Oil and Gas Limited. Justice Saliu Saidu issued the interim injunction in response to an […]
The Asset Management Company of Nigeria (AMCON) has dissolved the board of Aero Contractors and appointed a manager over the affairs of the airline. In a statement sent to TheCable on Friday, AMCON said the takeover was in furtherance of its statutory […]
