Browsing: AMCON

Worsening total liabilities net asset ratio could hasten the process of winding up Asset Management Corporation of Nigeria

The Assets Management Corporation of Nigeria (AMCON) has advised the Chairman of Arik Air, Johnson Arumemi-Ikide, to present a reasonable debt recovery plan in order to recover the airline.

Despite the smear campaign previous owners of Arik Air Limited had mounted especially since…

AMCON, NFIU Crucial Agencies for Nigeria’s Financial System Stability – Justice Tsoho

The Asset Management Company of Nigeria has said the country will not be borrowing

Following the order of Honourable Justice M.S. Hassan of the Federal High Court, Lagos division, the Asset Management Corporation of Nigeria

₦5 trillion Debt: AMCON Wants Senate to Compel Obligors. Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru has renewed the call for legislative support to his agency.

Polaris Bank announces Innocent Ike as Acting MD/CEO. The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, has announced the appointment of Mr. Innocent Ike, as the Acting Managing Director/CEO of Polaris Bank Limited, effective Sept. 1.

₦5 trillion: AMP Scheme Strategic To AMCON’s Recovery – Kuru. The Asset Management Corporation of Nigeria (AMCON) Managing Director/Chief Executive Officer, Mr Ahmed Kuru attested to the efficacy of the processes of receivership and winding up procedures as amended in the 2019 AMCON Act

AMCON Takes Over Deap Capital Management & Trust Limited. The Asset Management Corporation, AMCON, has taken over the Deap Capital Management and Trust over an unpaid N1.6 billion debt.