Tougher times may be fast approaching for the multi-trillion naira debtors of the Asset Management Corporation of Nigeria (AMCON), as the nation’s lawmakers, at the weekend...

The Assets Management Company of Nigeria (AMCON) has said that there will be no more room for negotiation with obligors as the company is now set for a new stage which is complete assets take-over.

The quest for debt recovery by the Asset Management Corporation of Nigeria (AMCON) would soon test the option of “name and shame,” especially for the Politically Exposed Persons (PEPs), just as elections draw near.

Mr Ahmed Kuru, the Managing Director, Asset Management Corporation of Nigeria (AMCON) on Friday said the corporation recovered N740 billion from debtors in 2017. Kuru stated this at a news conference...

With more than N3.7trillion depositors’ money under threats, in addition to over 14,000 jobs while 12 banks were on the brink of total collapse, the Asset Management Corporation of Nigeria (AMCON), was set up to come to the rescue and stabilise the economy. But with about six years winding down, there are concerns about the…

Justice Saliu Saidu of the Federal High Court Lagos Division has granted an injunction against Osigwe Foods and Agro Industrial Company Limited, owned by Chief Anselm Kayode Mohammed...

To sustain the successes recorded by the rescued PAN Nigeria Limited and assessed local content in its operations, the Asset Management Corporation of Nigeria (AMCON) has called for collective patronage of its range automobiles.

The panellists are the Managing Director/Chief Executive Officer of the Assets Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, the Executive Director, Bank of Industry (BOI), Mr. Waheed Olagunju and...

The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has been admitted as a Fellow, Institute of Directors (IoD), at the Institute’s 2017 5th biennial presidential lecture in Lagos.

The debt concentration in the books of Asset Management Corporation of Nigeria (AMCON) remains heavy in few hands, as the agency indicated that 350 persons owe it N2.5 trillion.

Meanwhile, it also said it is nearing the completion of the sale of Peugeot Automobile Nigeria (PAN) Limited.The move, which is part of AMCON’s strategies to recover huge debt in its books, would see the local car assembly being off-loaded to local investors.

Asset Management Corporation of Nigeria (AMCON) recovered N134 billion in 2016, according to Mr Ahmed Kuru, the Managing Director/Chief Executive Officer.