Sunday, 5th December 2021
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AMCON

22 Jun
It is no news that the Judiciary Staff Union of Nigeria (JUSUN) embarked on a two-month long strike action. The main grouse of JUSUN stemmed from the alleged refusal of the Executive arm of Government to comply with the provisions...
18 Jun
Efforts to maintain airplanes locally received a boost yesterday, as the Nigerian Civil Aviation Authority (NCAA) approved operations of 7Star Hangar in Lagos.
1 Jun
About three years after its unveiling in London, United Kingdom, and subsequent suspension, the Federal Government is having another go at the new national carrier project with an estimated sum of N170.5 billion already on the table.
16 May
Odds against the Asset Management Corporation of Nigeria (AMCON)’s efforts to dispose of seized assets are growing, a development that could potentially slow down its debt recovery programme...
29 Apr
The Senate, yesterday, passed a bill empowering the Asset Management Corporation of Nigeria (AMCON) to seize assets of customers not captured as collateral.
29 Apr
Fidelity Bank Plc has recorded a Profit before Tax (PBT) of N10.1 billion in its first quarter (Q1), 2021 operations, against N6.6 billion achieved in the corresponding period in 2020.
28 Apr
The Senate has passed the Asset Management Corporation of Nigeria (AMCON) Amendment Bill.
27 Apr
The strike embarked by Judiciary Staff Union of Nigeria (JUSUN) has stalled hearing of the suit filed by some residents of Victory Park Estate, Lekki, against Assets Management Corporation of Nigeria (AMCON).
8 Apr
Asset Management Corporation of Nigeria (AMCON) is set to float a new airline, NG Eagle, deploying some of the assets of distressed Arik Air.
23 Mar
A bill seeking to amend the Asset Management Corporation of Nigeria (AMCON) Act on Tuesday scaled second reading at the Senate.
15 Mar
The Federal High Court, Abuja, on Monday, fixed May 25 to hear a motion brought by the Asset Management Corporation of Nigeria (AMCON), seeking a stay of execution of orders it granted the businessman, Jimoh Ibrahim, over alleged N69 billion debt.
1 Mar
Asset Management Corporation of Nigeria (AMCON) was established by law in 2010 to buy bad debts from banks using Treasury Bill’s money in order to stabilize the country’s financial institutions.

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