AMCON’s Assets Under Management Hit N136.73bn     The assets under management of the Asset Management Corporation of Nigeria stood at N136.73bn while it has about N112.03bn worth of propriety assets. The Managing Director/Chief Executive Officer, AMCON, Mr Ahmed Kuru, disclosed this in a statement on Sunday entitled,...

AMCON Takes Over Jabfal Enterprises’ Assets Over N440m Debt     The Asset Management Corporation of Nigeria said on Sunday that it had taken over assets belonging to the chief promoter of Jabfal Enterprises Limited, Mr Joshua Faleye, over indebtedness of over N440m. AMCON said this in a...

AMCON Takes Over Northrich Technologies’ Assets Over N500m Debt     The Asset Management Corporation of Nigeria has said that Justice A.I. Chikere of the Federal High Court, presiding over the suit between AMCON vs Northrich Technologies Limited, has ordered the corporation and its appointed law firm,...

AMCON Develops Strategies To Recover N5trn Debt     The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria, Mr Ahmed Kuru, has said the corporation has developed a new receiver framework for its recovery agents. As part of the corporation’s efforts to recover the outstanding N5tn debt,...

AMCON Takes Over Pan Ocean Assets Over N240bn Debt   The Federal High Court, presided over by Justice A.M. Liman, in the suit between the Asset Management Corporation of Nigeria (AMCON) vs Everest Nominees Limited, and Dr. Bolaji Ogundare, a subsidiary of Pan Ocean Group, has...

AMCON Impounds Doggi Group’s Assets Over N440m Debt     The Asset Management Corporation of Nigeria has taken over assets belonging to the Chief Promoter of Doggi Group Limited, Alhaji Umaru Abdullahi, over an indebtedness of more than N440m, following the order of Honourable Justice A.I. Chikere...