An Ikeja Special Offences Court on Thursday set aside a bench warrant issued against the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, in connection with an alleged N76 billion and $31.5 million fraud involving…
AMCON CEO condoles Buhari, says Abba Kyari was courageous, patriotic Nigerian
The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has written to condole President Muhammadu Buhari GCFR, over the death of his friend and Chief of Staff, Mallam Abba Kyari. The Chief of Staff died in…
NASS will work for quick passage of AMCON amendment bill -Onyereri
Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri on Thursday in Kano State said the House of Representatives under the able leadership of the Speaker, Yakubu Dogara, will work with the Senate for…
N1b debt: AMCON takes over Sigma Apartments
Hon. Justice B.F.M. Nyako of the Federal High Court Abuja Division has granted an order for Asset Management Corporation of Nigeria (AMCON) to take over Sigma Apartments owned by Sigma Engineering & Construction Limited. Sigma Apartments is promoted by Saidu…
Asset Sales: AMCON restructures for speedy disposals
In a bid to rejig its asset sales strategy and facilitate speedy disposals, the Asset Management Corporation of Nigeria (AMCON), has restructured its processes from within in anticipation of better outcomes in its asset resolution operations. Managing Director/Chief Executive Officer…
AMCON to step up recovery drive as its mandate approaches end, says Kuru
The Managing Director/Chief Executive Officer, Asset management Corporation of Nigeria (AMCON), Ahmed Kuru, has said that AMCON has stepped up its recovery drive in line with its fast approaching sunset. He also said that the process of dealing decisively with…
Human capital development key to Nigeria’s economic growth – AMCON MD
Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has called on Nigerians to join forces with the present leadership in the country especially now that the government is paying improved attention to science and technology…
Aviation, critical sectors need stiffer regulations, says Kuru
Managing Director/Chief Executive Officer of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has called on agencies that are saddled with the responsibility of regulating the aviation industry and indeed other critical sectors of the economy to adopt the…