Senate Supports AMCON’s Plan to Publish Debtors List The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Adebayo Ibrahim, has said that the legislature is ready to empower the Asset Management Corporation of Nigeria (AMCON) to go after recalcitrant debtors. He said...

350 Nigerians Owe AMCON N4.3 trillion Over 350 Nigerians are owing Asset Management Corporation of Nigeria (AMCON), N4.3 trillion or over 80 percent of the N5.4 trillion debt profile. Managing Director/Chief Executive Officer of AMCON, Mr. Ahmed Kuru disclosed this to newsmen in Abuja. According to Kuru,...

AMCON Restructures, Targets Disposal Strategies Of Asset Sales Asset Management Corporation of Nigeria (AMCON), in a bid to rejig its asset sales strategy and facilitate speedy disposals, the Managing Director/Chief Executive Officer of AMCON, Mr. Ahmed Kuru has disclosed that Corporation has restructured its processes...

AMCON Goes Bullish In Its Recovery Drive– Kuru Managing Director/Chief Executive Officer, Asset management Corporation of Nigeria (AMCON) Mr. Ahmed Kuru has said that AMCON is in the process of dealing decisively with the top assets in its portfolio just as he hinted that Corporation...

As a result of the new aggressive recovery strategies adopted by the Asset Management Corporation of Nigeria, it was able to recover N134bn from various debtors in the 2016 financial year. The Managing Director/Chief Executive Officer, AMCON, Mr. Ahmed Kuru, stated this in Lagos on...

Arik Air was taken over by Assets Management Company of Nigeria AMCON because the airline was owing it N146 billion, out of a total N352.5 billion owed global creditors, AMCON’s CEO Ahmed Kuru has said. He made this known at a meeting with the Senate...