Tags: AMCON

AMCON’s outstanding liabilities stood at N4.5 trillion as at June 30, 2017-CBN

The Central Bank of Nigeria (CBN) on Tuesday released the financial stability report which disclosed that the Asset Management Corporation of Nigeria (AMCON)’s net carrying value of outstanding liabilities stood at N4.5 trillion as at June 30, 2017. The reports further said AMCON carrying value of its assets net of impairment increased from N624.00 billion…

Gov. Okowa Applauds AMCON’s Role In Reviving Delta Steel

 L-R: Mr. Umar Murtala Sanda, of Asset Management Corporation of Nigeria (AMCON); Mr. Prasnata Mishra, Chief Executive Officer, Premium Steel and Mines Limited; Mazi Okoronkwo Onwukwe who represented Mr. Ahmed Kuru, AMCON MD/CEO and Mr. Jude Nwauzor, Head, Corporate Communications, AMCON at the commissioning of Premium Steel and Mines Limited in Ovwian-Aladja in Delta State…at…

AMCON Boss Makes Case For Journalists’ Welfare, Financial Inclusion

To equip financial journalists with the required knowledge to enlighten the public on the importance deepening financial inclusion in the country, Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru has called on media owners in to ensure regular trainings and capacity building programmes for financial journalists that write for their…

Financial Inclusion: AMCON Urges all stakeholders to double their efforts for millions Nigerians are still financially excluded.

  R-L: Senior Management Staff of Asset Management Corporation of Nigeria (AMCON), Prisca Ndu, who represented Mr. Ahmed Kuru, MD/CEO, Mr. Femi Awoyemi, Managing Director/Chief Executive, Proshare Nigeria and Obinna Chima, Money Market Correspondent with Thisday at the Financial Journalists’ and Banks’ Communications Managers Parley organised by Center for Financial Journalists in Lagos at the weekend…

Ethiopian Airlines Plans To Takes Over Arik Air

 AMCON: We’re yet to receive offer   Africa’s leading airline, Ethiopian Airlines, formerly Ethiopian Air Lines and often referred to as simply Ethiopian, is Ethiopia’s flag carrier and is wholly owned by the country’s government has said that it has submitted a formal offer to take charge of troubled local carrier Arik Air, which accounts for…

Debt Recovery, EFCC Pledges More Support for AMCON

In a renewed strategy to recover the whopping total debt obligation of over N4.6 trillion owed Asset Management Corporation of Nigeria (AMCON) by recalcitrant debtors across the country, AMCON on Thursday met with the Economic and Financial Crimes Commission (EFCC). The meeting was for both agencies to consolidate on the gains of their relationship especially…