AMCON not recruiting now – Spokesperson

The attention of Asset Management Corporation of Nigeria (AMCON) has been drawn to the continuous activities of impostors and fake news websites that are spreading falsehood regarding “AMCON 2019/2020 Recruitment Exercise.”   To avoid falling into the deadly trap of fraudulent agents, the public is hereby informed that these stories are brazen falsehood, and are meant to mislead innocent job seekers as well as the public as AMCON is not currently recruiting and did not engage any agency whatsoever to recruit on its behalf.   We therefore call on all…

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Kuru leads discussion at Nigerian – American Chamber of Commerce breakfast meeting

Managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru has been slated as Guest Speaker at the July 2019 Breakfast Meeting of the Nigerian – American Chamber of Commerce (NACC). The event comes up in Lagos State tomorrow (July 24, 2019). AMCON in a statement signed by Mr Jude Nwauzor, Head of Corporate Communications at the Corporation said Kuru would be speaking on the theme; “Financial System Stability in Nigeria: AMCON Role and Scorecard,” which would enable him x-ray the activities of AMCON operations under…

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AMCON boss, Kuru calls for reintroduction of Failed Bank Act

Photo Caption: Mr Magnus Nnoka, CRM President, RIMAN, Chief Risk Officer Coronation Merchant Bank (standing 6th from left) and Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru (standing 6th from right) in a group photograph with officials of AMCON and  Risk Management Association of Nigeria (RIMAN) when the latter paid AMCON MD/CEO a business visit in Lagos on Wednesday. The managing director /chief executive officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru today in Lagos called on the Nigerian authorities to revisit…

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AMCON, ESVARBON deliberate on improved collaboration

Photo Caption: Sir Nweke Umezuruike Chairman, ESVARBON, (standing 6th from right); Mr. Ahmed Kuru, Managing Director, Asset Management Corporation of Nigeria (AMCON) holding a copy of the “Green Book”; Mr. Aminu Ismail, Executive Director, AMCON; holding another copy of “Green Book” Mr. Victor Alonge, Board Member, Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON); Dr. Eberechukwu Uneze, Executive Director, AMCON and Mr. Joshua Ikioda, Group Head, Resolution, AMCON and other officials of both agencies in a group photograph at the end of ESVARBON visit to AMCON….in Abuja on Tuesday…

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AMCON takes over Sigma Apartments, Abuja over ₦1billion debt

Honourable Justice Binta M. Nyako of the Federal High Court Abuja Division has granted an order for Asset Management Corporation of Nigeria (AMCON) to take over Sigma Apartments owned by Sigma Engineering & Construction Limited. Sigma Apartment is promoted by Saidu Samaila Balarabe Sambawa, a former Minister of Sports and Social Development of the Federal Republic of Nigeria. The order came on the application of AMCON after the Corporation exhausted all avenues of peaceful resolution with the obligor regarding the huge debt, but was left with no other choice.  …

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Asset sales: AMCON restructures; seeks speedy disposal strategies

Photo Caption:   Picure Caption L-R: Aliyu Abubakar Kalgo, Head, Asset Sales, Asset Management Corporation of Nigeria (AMCON); Executive Directors of AMCON, Dr. Eberechukwu Uneze and Mr. Aminu Ismail; Osy Chijioke Kamalu, Principal Partner, Osy Kamalu & Associates; Mr. Joshua Ikioda, Group Head, Resolution, AMCON and Mr. Chuka Agbo SAN, Managing Partner, Lexavier Partners at the just concluded 2-day retreat facilitated by Osy Kamalu & Associates to develop a realistic framework for the sale of AMCON assets at Rockview Hotel, Abuja. Asset Management Corporation of Nigeria (AMCON), in a bid…

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Human capital development key to Nigeria’s economic growth – AMCON MD

Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has called on Nigerians to join forces with the present leadership in the country especially now that the government is paying improved attention to science and technology as a way of moving the Nigerian economy away from a resource-based economy to knowledge-based economic model. Kuru, who was Guest Speaker at the 2018 Institute of Directors (IoD) Fellows’ Luncheon, which held at The Civic Centre in Victoria Island, Lagos in a paper titled “Determinants Of Growth In…

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