The Asset Management Corporation of Nigeria (AMCON) has achieved a remarkable triple-digit growth of 202 per cent from N34.730 billion in 2022 to N108.433 billion in 2023 despite challenging macroeconomic conditions coupled with economic headwinds.
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...
N2bn Debt: AMCON Takes Over Firm’s Assets
The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Glano Nigeria Limited over N2 billion debt.
The move by the corporation followed an order of Honourable Justice I. N. Buba of the Federal High Court...
Banks’ Loan Defaulters Almost Wrecked Nigerian Economy – AMCON
The Asset Management Corporation of Nigeria has said that loan defaulters of Deposit Money Banks who are on its books almost crashed the Nigerian economy if not for its intervention.
AMCON, an agency of the Federal Government,...
AMCON In Talks With Pan Ocean To Resolve N240bn Debt
The Asset Management Corporation of Nigeria has said there are ongoing discussions between it and Pan Ocean Group to see how to amicably resolve the oil firm’s N240bn debt through a settlement framework.
AMCON said on...
The Asset Management Corporation of Nigeria (AMCON) has said it has recorded significant progress in debt recovery since it published its top 100 delinquent debtors earlier in the year.
Speaking in Lagos, AMCON Head of Corporate Communications, Jude Nwauzor said although the corporation is yet...
