Tag: AMCON

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Minister To AMCON: Use Powers In Amended Act To Recover N5tr Debt

Minister To AMCON: Use Powers In Amended Act To Recover N5tr Debt

•Inter-Agency Cmttee To Include Banks, Loan Beneficiaries In Dragnet •BPP To Bar AMCON Debtors From Govt Contracts Minister of Finance, Budget and P...
FG Inaugurates Inter-Agency Task Force To Recover N5tr AMCON Debt

FG Inaugurates Inter-Agency Task Force To Recover N5tr AMCON Debt

As part of its determination to recover the over N5tr outstanding debts owed the Asset Management Corporation of Nigeria (AMCON), the Federal Governme...
NGSE Market Momentum Stays Weak, As Airtel Africa Listing May Increase Money Flow

NGSE Market Momentum Stays Weak, As Airtel Africa Listing May Increase Money Flow

Market Update for July 4 The prevailing negative outing on the Nigerian Stock Exchange continued on Thursday as its benchmark All-Share index slipped...
Bad Loans: AMCON MD Seeks Reintroduction Of Failed Bank Act

Bad Loans: AMCON MD Seeks Reintroduction Of Failed Bank Act

Miffed perhaps by the unwillingness of recalcitrant debtors to repay huge toxic loans purchased from banks about 10 years ago or more, chief executive...
AMCON Seeks More Women Executives In Nigeria’s Financial Services Sector

AMCON Seeks More Women Executives In Nigeria’s Financial Services Sector

Management of the Asset Management Corporation of Nigeria (AMCON) says it is committed to ensuring that more women get opportunities to pursue their a...

AMCON MD Challenges Board To Rid Estate Valuation Industry Of Quacks

The Asset Management Corporation of Nigeria (AMCON) on Tuesday, February 5, 2019, expressed concern over the rate of quackery in the estate valuation ...
No Plans To Close Textile Firm Over N1bn Debt, AMCON Assures

No Plans To Close Textile Firm Over N1bn Debt, AMCON Assures

The Asset Management Corporation of Nigeria (AMCON), said on Friday, February 1, 2019, that it has no plan to close the Nigerian Braiding Manufacturer...
Arik Air Now Healthy, Investors Showing Interests, Says Receiver Manager

Arik Air Now Healthy, Investors Showing Interests, Says Receiver Manager

The Receiver Manager, Arik Air, Oluseye Opasanya, a Senior Advocate of Nigeria (SAN), on Wednesday assured of significant improvements in the company’...
Reps To Empower AMCON, As Amendment Bill Set For Third Reading

Reps To Empower AMCON, As Amendment Bill Set For Third Reading

Apparently irked by the seeming unwillingness of recalcitrant debtors to meet their obligations, the House of Representatives is working at strengthen...
We’ve Attracted Keen, Committed Potential Investors- Unity Bank

We’ve Attracted Keen, Committed Potential Investors- Unity Bank

The management of Unity Bank Plc, at the weekend assured that its recapitalization project is currently at an advanced stage, especially after conscio...
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