Following the impressive performance of Nigeria’s Super Eagles at the ongoing Africa Cup of Nations (AFCON), the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has commended the Super Eagles of Nigeria for qualifying…
AMCON, ICPC team up to recover N5trillion outstanding debt
The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye on Wednesday in Abuja disclosed plans by the commission to collaborate with Asset Management Corporation of Nigeria (AMCON) towards the recovery of N5trillion owed AMCON…
Recovering AMCON’s N5trillion before sunset will require ADR – Jurists
As Asset Management Corporation of Nigeria (AMCON) continues to seek better ways to recover its huge outstanding debt of over N5trillion, leading jurists at the weekend again urged the management of AMCON to explore the opportunities offered by Alternative Dispute…
Justice Dimgba, Kuru, others seek ways to improve recovery of AMCON N5trillion debt
As the noose on obligors of Asset Management Corporation of Nigeria (AMCON) tightens in line with its latest enforcement strategy, Justice Nnamdi Dimgba of the Federal High Court, Asaba at the weekend reechoed the fact that the task to strengthen…
Finally, AMCON takes over Micmerah International Agency Limited
A Federal High Court sitting in Awka, the Anambra State capital in Suits No. FHC/AWK/CS/101/2018 and No. FHC/AWK/CS/102/2018 has ordered the Asset Management Corporation of Nigeria (AMCON) to take over the business and assets of Micmerah International Agency Limited. AMCON…
AYA honours AMCON Boss
Coming as the third honour this year, the Arewa Youth Assembly (AYA) has presented the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, with yet another Heroes of Nigeria Platinum Leadership Award of 2019.…
Bad Loans: Kuru calls for reintroduction of Failed Bank Act
Worried by the resurgent huge toxic loans in the banking sector, Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru on Wednesday in Lagos called on the Nigerian authorities to revisit the Failed Bank Act.…
AMCON may disengage unproductive AMPs – Kuru
Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, hinted that AMCON may disengage Asset Management Partners (AMPs) that cannot cope with the speed and enormous challenges of debt recovery expected by the corporation. He also promised…
AMCON advocates more female slots in financial services industry
In commemoration of the International Women’s Day (IWD) the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has called on parents to educate the girl child to enable them stand the opportunity to compete…
Youth Council honours AMCON MD, Ahmed Kuru
Sir Ahmadu Bello Youth Council of Nigeria (ABYCN) has presented the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru with the prestigious Sir Ahmadu Bello Gamji Award of Excellence 2019. Comrade Sagir Adam, who…