AMCON

AMCON Runs to NASS to Recover N4.4trn from 1,000 Debtors

November 22, 2021

By Adedapo Adesanya The Asset Management Corporation of Nigeria (AMCON) has submitted a list containing its top 1,000 obligors owing N4.4 trillion to the

Banking

Notes on the Asset Management Corporation of Nigeria Act Amendment Bill, 2021

August 25, 2021

Business Post Contributor

By Kamsi Atuchukwu INTRODUCTION On 28 April 2021, the Nigerian Senate passed the Asset Management Corporation of Nigeria Act Amendment Bill, 2021 (SB.669) (“the

General

AMCON Seizes Senator Buhari Assets over N600m Loan Default

June 25, 2021

Adedapo Adesanya

By Adedapo Adesanya The Asset Management Corporation of Nigeria (AMCON) has seized properties belonging to Senator Abdulfatai Buhari over unwillingness to fulfil the terms

Travel/Tourism

NAAPE Decries Non-Payment of Pensions, Tackles AMCON

March 1, 2021

Rahma Ahmed

By Ahmed Rahma The National Association of Aircraft Pilots and Engineers (NAAPE) has called on the Asset Management Corporation of Nigeria (AMCON) to pay

Feature/OPED

Court Injunctions and the Effect on AMCON’s Debt Recovery Duty

January 20, 2021

Business Post Contributor

By Gbolahan Oluyemi The Asset Management Corporation of Nigeria (AMCON) was established in 2010 basically to recover non-performing loans. However, 10 years after AMCON’s

Travel/Tourism

Hydro Hotels Limited Loses Assets to AMCON over N600m Debt

September 6, 2020

Adedapo Adesanya

By Adedapo Adesanya The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Hydro Hotels Limited over N600 million debt. This

General

Two Coys Lose Assets to AMCON Over N800m Debt

August 10, 2020

Adedapo Adesanya

By Adedapo Adesanya The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of two companies: Safequip Nigeria Limited and R.C. Omeaku

Economy

Pan Ocean Condemns AMCON’s Invasion of Premises

July 3, 2020

Modupe Gbadeyanka

By Modupe Gbadeyanka The invasion of the premises of Pan Ocean Oil (Nigeria) Limited on Thursday by those believed to be representatives of the

General

AMCON Seizes Doggi Group Assets Over N440m Debt

June 19, 2020

Adedapo Adesanya

By Adedapo Adesanya The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging of Doggi Group Limited, owned by Mr Umaru Abdullahi,

Jobs/Appointments

Buhari Appoints Banire as AMCOM Chairman

July 18, 2018

Dipo Olowookere

By Dipo Olowookere Erstwhile National Legal Adviser of the ruling All Progressives Congress (APC) Mr Muiz Banire (SAN), has been appointed as Chairman of

Suggestions

Recent Posts