AMCON to sack asset partners over N740b debt recovery

by Nigerian Oracle - March 15, 20190

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 […] …

AMCON may dispose Aero Contractors, Arik Air in 2018

by Nigerian Oracle - June 6, 20180

The Asset Management Corporation of Nigeria (AMCON), says 2018 will be a busy year because it plans to dispose assets like Aero Contractors and Arik Air. In April, AMCON said The post AMCON may dispose Aero Contractors, Arik Air in 2018 appeared first on TheCable.

NSE suspends trading on Paints & Coating Manufacturers shares

by Nigerian Oracle - May 31, 20180

The Nigerian Stock Exchange has suspended trading on shares belonging to Paints and Coating Manufacturers Plc. According to a circular released by the bourse on Wednesday, the suspension is to The post NSE suspends trading on Paints & Coating Manufacturers shares appeared first on TheCable.

Pay the debts and take back your company, AMCON to Arik, Aero owners

by Nigerian Oracle - April 30, 20180

The Asset Management Corporation of Nigeria (AMCON) says it is willing to handover ownership of Arik Air and Aero Contractor airlines if the owners are willing to pay the debts The post Pay the debts and take back your company, AMCON to Arik, Aero owners appeared first on TheCable.

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