Ahmed Lawan Kuru
AMCON seeks NASS support in N5 trillion debt recovery
As its debt portfolio continues to rise, the Asset Management Corporation of Nigeria (AMCON) has called on the National Assembly to support its efforts in recovering the debt of over N5 trillion from obligors.
Jury, AMCON seek profiling of N5tr debtors with new law
Justice C.M.A. Olatoregun of the Federal High Court, at the weekend, called on the Management of Asset Management Corporation of Nigeria (AMCON) to adopt a new strategy and partner other sister agencies of the government to stop its debtors from contesting elections in the country, thereby gaining access to political positions.
Jurists prescribe dispute resolution for AMCON’s N5tr debt portfolio
Nigeria’s leading jurists, at the weekend, urged the Asset Management Corporation of Nigeria (AMCON) to explore the opportunities offered in Alternative Dispute Resolution (ADR) centres established by the Federal High Court in managing its debts.
AMCON, Justice Dimgba fine-tune recovery of N5tr outstanding debt
As the noose on bad debtors tightens under the latest enforcement strategy, Justice Nnamdi Dimgba of the Federal High Court, Asaba, at the weekend, re-echoed the fact that the task to strengthen the Asset ....
AMCON takes over Micmerah International Agency over N1bn debt
A Federal High Court sitting in Awka, the Anambra State capital, in Suits Nos. FHC/AWK/CS/101/2018, and FHC/AWK/CS/102/2018, has ordered the Asset Management Corporation of Nigeria....
AMCON seeks reintroduction of Failed Bank Act
Worried by the resurgence of huge toxic loans in the banking sector, the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, yesterday, in Lagos, called on the financial regulators to revisit the Failed Bank Act, to make bankers accountable for their actions.
AMCON may disengage non-performing AMPs
Managing Director/Chief Executive Officer (CEO), Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru...
ABYCN honours AMCON chief
The Sir Ahmadu Bello Youth Council of Nigeria (ABYCN), has presented the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...
AMCON decries declining N5 trillion assets, gets new board
The Asset Management Corporation of Nigeria (AMCON) at the weekend decried the falling value of its N5 trillion assets, stating that their current worth might not exceed N1 trillion owing to the toxic nature of banks’ belongings. Its Managing Director, Ahmed Lawan Kuru, who spoke at the inauguration of the new Muiz Banire-led board by…
AMPs will help AMCON recover N740billion, says Kuru
The Asset Management Corporation of Nigeria (AMCON), has reiterated its full support for its Asset Management Partners (AMPs), in the pursuit to recover the 20 per cent or N740billion of the total N3.7trillion...
AMCON charges partners to recover N740 billion debt
The Asset Management Corporation of Nigeria (AMCON) has pledged its support to efforts at recovering the N740 billion out of the N3.7 trillion total debt portfolio in the hands of the obligors.