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Tag: Mr. Ahmed Kuru

AMCON Solicits Judiciary’s Support To Recover N5.4trn Debt

AMCON Solicits Judiciary’s Support To Recover N5.4trn Debt   the Asset Management Corporation of Nigeria is seeking the support of the judiciary to recover over N5.4tn debt owed the corporation by chronic debtors. The Managing Director/Chief Executive Officer, AMCON, Mr Ahmed Kuru, said this at the 2019...

AMCON’s Debt Could Be N6.6trn By 2024

AMCON’s Debt Could Be N6.6trn By 2024   A Legal consultant and Senior Partner, Olaniwun Ajayi -LP, Muyiwa Balogun has said the Asset Management Corporation of Nigeria (AMCON) debt could rise to N6.6 trillion by 2024 from current N5 trillion if unchecked. Balogun who spoke in Abuja,...

Judge Urges AMCON To Stop Debtors From Contesting Elections

Judge Urges AMCON To Stop Debtors From Contesting Elections   Now that the Asset Management Corporation of Nigeria (Amendment) Act 2019 has been signed into law by President Muhammadu Buhari, Hon. Justice CMA Olatoregun of the Federal High Court has called on the management of AMCON...

Banks’ Non-performing Loans Up N1.676trn

Banks’ Non-performing Loans Up N1.676trn Banking sector’s non-performing loans stood at N1.676trn as of the end of March 2019, latest statistics from the National Bureau of Statistics revealed. The gross loans recorded in the banking sector stood at N15.480trn, while the loans after specific provisions stood...

AMCON Boss Seeks More Investment In Human Capital

AMCON Boss Seeks More Investment In Human Capital   The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru has reiterated the need for the government and institutions at all levels to pay more attention to human capital development, which he described...