The Asset Management Corporation of Nigeria (AMCON) said it has recovered over N2.1tn in debts despite its challenges since inception.

FG Mulls Converting Arik, Aero Contractors To National Carriers The Asset Management and Corporation of Nigeria (AMCON) has said Arik and Aero Contractors airlines may be merged and converted to a national carrier. The AMCON Managing Director/Chief Executive Officer, Gbenga Alade, stated this on Monday at...

Global Aircraft Leasing Market to Hit $315b by 2033 The global commercial aircraft leasing market size is projected to increase to $315.9 billion in the next nine years, data from industry regulators have revealed. The market, according to industry projection, is anticipated to spike at a...

CBN Interest Rate on AMCON too High, Needs Review - Senate The Senate has expressed concerns over the excessive interest rate imposed on the Asset Management Corporation of Nigeria, which are deterring its operations. The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator...

We've Recovered N1.6trn In 10 Years – AMCON Boss   The Asset Management Corporation of Nigeria (AMCON) has said it recovered N1.6tn from bad debtors in 10 years of its existence. This was disclosed in a statement signed by the Head of Corporate Communications Department, AMCON, Mr...

AMCON Heightens Moves To Recover Over N4trn Debt   The Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru, said the corporation is taking more steps to recover the over N4 trillion government debts from private individuals. Kuru stated this at the weekend when...