The Chairman of the House of Representatives Committee on Banking and Currency, Hon. Jones Onyereri, on Tuesday promised that the lower Legislative chamber would within the next one or two weeks present the Asset Management Corporation of Nigeria (AMCON) Amendment Bill before the Plenary Session of the House for final deliberations. The amendment bill is […]
The Managing Director, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has identified lack of corporate governance and inadequate oversight as major challenges affecting growth of the nation’s aviation sector. Kuru, made this remark in a paper with the theme ‘Corporate Governance and Airline Industry development in Nigeria’ which he delivered as Guest […]
The Senate on Thursday gave its support to the Asset Management Corporation of Nigeria’s (AMCON’s) plans to publish names of debtors responsible for 80 percent of its N4.8 trillion bad debt. The Chairman of Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim, made the Legislature’s position on the issue known in […]
The Assets Management Corporation of Nigeria (AMCON) on Sunday said that the corporation was no longer ready to accommodate excuses for negotiations with debtors over unpaid debts, saying it will soon embark on takeover of their assets. The corporation’s Managing Director, Mr. Ahmed Kuru, who disclosed in a media chat in Abuja lamented that the […]
The Asset Management Corporation of Nigeria (AMCON), on Thursday disclosed that it had restructured its internal process to accelerate speedy disposals of assets. The corporation’s Managing Director, Ahmed Kuru, made the disclosure while declaring open a 2-day Asset Sales Strategy Retreat, which just ended in Abuja today, promising that the corporation is now well positioned […]