Deposit money banks (DMBs) in the country are largely responsible for the huge portfolio of over N1.79trillion non-performing loans, the Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has said.....
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The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has vowed to assist the Asset Management Corporation of Nigeria, AMCON, to recover monies going into....
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AMCON moves for stricter punishment for rogue bank CEOs – THE managing director of asset management company of Nigeria (AMCON), Ahmed Kuru is calling for a more stricter punishment for rogue bank....
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Ahmed Kuru is the head of Nigeria’s state-backed ‘bad bank’ AMCON who led the sale of some of the country’s nationalised banks such as Keystone bank, Afribank, Spring bank.....
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The Asset Management Corporation of Nigeria (AMCON) at the weekend decried the falling value of its N5 trillion assets, stating that their current worth might not exceed N1 trillion owing to the toxic nature of banks’ …
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The Asset Management Corporation of Nigeria (AMCON), has reiterated its full support for its Asset Management Partners (AMPs), in the pursuit to recover the 20 per cent or N740billion of the total N3.7trillion Eligible Bank Assets (EBAs) portfolio that are in the hands of obligors.....
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The Chief Executive Officer (CEO), Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has affirmed that the agency and the management of Polaris Bank have....
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Assets Management of Nigeria (AMCON) has predicted a return to profit in 2018 after it experienced losses in 2017 due to the economic recession.
AMCON losses narrowed drastically as the...
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