AMCON intensifies efforts to recover N4.5trn debt
Businessam Staff
September 16, 2019
The Asset Management Corporation of Nigeria says it has intensified efforts to recover a debt of N4.5tn. Ahmed Kuru, the managing
Ministers, lawmakers among N5tn chronic debtors – AMCON
Businessam StaffJuly 25, 2019
Ahmed Kuru, the managing director/chief executive officer, Asset Management Corporation of Nigeria, said the chronic debtors of the
Nigeria’s bad bank seeks stakeholders’ collaboration on speedy asset disposals as 35% comprises properties
BusinessamJune 21, 2018
In a bid to rejig its asset sales strategy and facilitate speedy disposals, the Asset Management Corporation of Nigeria (AMCON) says
Nigeria’s bad bank, AMCON, seeks anti-graft agency, EFCC, collaboration to recover N4.6trn debt from recalcitrant obligors
Businessam StaffAugust 3, 2017
In a renewed strategy to recover a whopping debt obligation of over N4.6 trillion owed it by recalcitrant debtors, the Asset
Nigeria’s bad bank receivables rise 80% as obligors default
Steve OmanufemeJune 19, 2017
Nigeria’s bad bank, the Asset Management Corporation of Nigeria (AMCON), is currently facing recovery challenges from about 305