…End this drain on investors By Seun Ibiyemi Shareholders have expressed strong opposition to the ¦ 436.5 billion paid by seven Nigerian banks to the Asset Management Corporation of Nigeria (AMCON) in 2024, labelling the levy as a drain on…
The Senate on Wednesday confirmed the nomination of Dr Bala Bello, representing North-East as part-time Chairman of the Asset Management Corporation of Nigeria (AMCON). Also confirmed were five other nominees for appointment as Non -Executive Directors of AMCON. Their confirmation…
…Says loans hurting Nigerian economy The Asset Management Corporation of Nigeria (AMCON) has called on the media to play an active role in exposing debtors as part of its efforts to recover over N4 trillion in outstanding debts. The appeal…
The Asset Management Corporation of Nigeria (AMCON) says its debt recovery task has been arduous and challenging as some debtors are unwilling to pay. The AMCON Head of Corporate Communications Department, Mr Jude Nwauzor, made this known while briefing newsmen…
The Asset Management Corporation of Nigeria (AMCON) has revealed that it has discontinued litigation actions against Heyden Petroleum Limited. The agency in a statement on Tuesday made this known in response to media controversies regarding the status of Heyden in…
The House of Representatives Committee on Banking and Other Ancillary Institutions has called for the creation of a judicial task force specifically dedicated to the trial of cases involving the Asset Management Corporation of Nigeria. This move is intended to…
The Managing Director of the Assets Management Corporation of Nigeria (AMCON), Mr. Gbenga Alade has appealed for the establishment of an AMCON CAC Desk to strengthen collaboration between the agencies. The AMCON MD made this known when he paid a…
The House of Representatives Committee on Banking and Other Ancillary Institutions has charged the Asset Management Corporation of Nigeria (AMCON) to uphold accountability and efficiency in its operations. Speaking, the Committee Chairman, Hon. Eze Nwachukwu Eze on an oversight visit…
The Asset Manage ment Corporation of Nigeria (AMCON) has declared a triple digit growth in its full year financial report for 2023. This was contained in the latest press release issued by Mr. Jude Nwauzor, Head Corporate Communications Department of…
The Asset Management Corporation of Nigeria (AMCON) has filed bankruptcy proceedings before the Federal High Court in Lagos against the Chairman of Milan Industries Limited, Milan Nigeria Ltd and Milan Beverages Ltd, Rajesh Valecha and four other directors of the…
