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AMCON to sack asset partners over N740b debt recovery

AMCON to sack asset partners over N740b debt recovery

The Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has hinted on the corporation’s plan to disengage Asset Management Partners (AMPs) that are not effective in recovering N740 billion debts assigned to them. The AMPs are currently handling over 6,000 accounts within AMCON portfolio but outsourced to them. The accounts outsourced to AMPs […] …

Nigeria must invest in human capital development –AMCON boss

Nigeria must invest in human capital development –AMCON boss

The Managing Director/CEO of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has called on the government and institutions at all levels to pay more attention to human capital development, which he described as the key to the paradigm shift the country is clamouring for. Kuru who was special guest of honour at the 2018 […]
The post Nigeria must invest in human capital development –AMCON boss appeared first on The Sun Nigeria. …

Debt recovery: AMCON Amendment Bill ready soon –Reps

Debt recovery: AMCON Amendment Bill ready soon –Reps

Omodele Adigun The Chairman, Committee on Banking and Currency of the House of Representatives, Sir Jones Onyereri, has announced that the Asset Management Corporation of Nigeria (AMCON) Amendment Bill would be presented before the House within the next two weeks. The bill is seeking to further empower AMCON to go after its chronic obligors. A […]
The post Debt recovery: AMCON Amendment Bill ready soon –Reps appeared first on The Sun Nigeria. …

FULL LIST: Ifeanyi Ubah, Jimoh Ibrahim… Here are AMCON’s 105 top debtors

FULL LIST: Ifeanyi Ubah, Jimoh Ibrahim… Here are AMCON’s 105 top debtors

The Assets Management Corporation of Nigeria (AMCON) has published the names of its top 105 debtors. According to the corporation, the “delinquent debtors”, whose names were released owed a total The post FULL LIST: Ifeanyi Ubah, Jimoh Ibrahim… Here are AMCON’s 105 top debtors appeared first on TheCable.

AMCON needs alternative dispute resolution to recover N5.4trn debt, says Onnoghen

AMCON needs alternative dispute resolution to recover N5.4trn debt, says Onnoghen

Walter Onnoghen, chief justice of Nigeria, says the Asset Management Corporation of Nigeria (AMCON) needs alternative dispute resolution (ADR) to meet its recovery mandate before its sunset period. Speaking on The post AMCON needs alternative dispute resolution to recover N5.4trn debt, says Onnoghen appeared first on TheCable.

‘Compile and publish debtor’s list’ — Senate tells AMCON

‘Compile and publish debtor’s list’ — Senate tells AMCON

The senate committee on banking, insurance and other financial institutions says the Assets Management Corporation of Nigeria (AMCON) should compile and publish the names of debtors. Speaking on Thursday at The post ‘Compile and publish debtor’s list’ — Senate tells AMCON appeared first on TheCable.

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