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AMCON NEWS
News and analysis about AMCON
An Abuja division of the Federal High Court has made an interim order freezing bank accounts belonging to...
The Assets Management Corporation of Nigeria (AMCON) has said that it has so far recovered about N1.48 trillion...
The new AMCON Amendment Bill will empower the agency to go after bank debtors and take over assets other than the ones used as collateral to recover debts.
Some banks believe that aviation is too difficult to invest in, but that is wrong, as it is not different from other sectors.
AMCON has taken over assets belonging to 14 Directors of Deap Capital over an astounding indebtedness of N1.6bn.
An Abuja court has set aside the interim order gotten by AMCON to seize property belonging to Jimoh Ibrahim over debts owed.
To navigate the nation's economy from oil, banks will have to pay more attention to real sector lending in 2021.
AMCON appointed Captain Abdullahi Mahmood, as the Chief Executive Officer of Aero Contractors.
President Buhari has reappointed Ahmed Kuru as the MD of AMCON, Eberechukwu Uneze and Aminu Ismail as Executive Directors.
BOFIA 2020, just a few days after being signed into law is proving to be a game-changer in the industry.
AMCON also says that the property takeover is a series of future enforcement in the coming weeks.
AMCON had dragged the company before a Court in a bid to recover the debt.