…Directs AMCON to publish list of debtors The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has declared that the 9th Senate of the Federal Republic of Nigeria is not happy that certain agencies of government…
Justice Nnamdi Dimgba of the Federal High Court Awka Division at the weekend rose in strong defense of the Federal Government of Nigeria led by President Muhammadu Buhari, the Central Bank of Nigeria (CBN), the Federal Ministry of Finance and…
Finally, the Managing Director/CEO of Asset Management Corporation of Nigeria (AMCON) who recently won the “Public Integrity Award 2021,” at the maiden edition of the New Telegraph Newspaper Awards 2021 in Lagos has been presented with the crystal award plaque.…
By Uthman Salami The Asset Management Corporation of Nigeria (AMCON) has initiated an entrepreneurship and empowerment programme for members of the National Youth Service Corps (NYSC) posted to carry out their national service with AMCON. The scheme, which is tagged…
By Tobi Adetunji In what appears to be synonymous to the divinerescue of the Biblical Prophet Jonah, the Asset Management Corporation of Nigeria (AMCON) took over Arik airline on the 9th of February, 2017 amidst discordance and cacophony of opinions,…
…7 others in Abuja, Lagos Following the order of Hon. Justice A.M. Liman of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) on Wednesday September 22, 2021, in Ilorin, the Kwara State capital took over the…
The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON) Mr Ahmed Lawan Kuru (ALK) on Wednesday in Lagos said AMCON presently has more than 5,000 cases in court with some of its obligors. Kuru also disclosed that the…
The Federal Government has been challenged to expand the laws that granted the Asset Management Corporation of Nigeria (AMCON) special debt recovery powers in the AMCON Act as amended into a national law that would insulate the banking sector against…
By Asishana John The Asset Management Corporation of Nigeria (AMCON) is still holding tight the Management of NICON Insurance and Nigeria Reinsurance. This follows Hon. Justice A. R. Mohammed of Federal High Court Abuja Division on order on Monday that…
Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote Group to banks, the corporation have denied such claims, saying it have no business with the…
