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 condoles with Afenifere leader over daughter’s killing

The managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru, has condoled with the National Leader of the Pan Yoruba Socio-political Group, Afenifere, Chief Rueben Fasoranti over the killing of his daughter, Mrs Funke Olakunrin (nee Fasoranti) by yet to be identified murderers. The 58 years old Olakunrin who was killed on Friday at Kajola along the Sagamu – Ore road served the AMCON boss as Company Secretary and Legal Adviser when he was managing director/ CEO of the erstwhile Enterprise Bank Limited. Kuru who…

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AMCON MD commends Super Eagles for Semi-finals qualification

Following the impressive performance of Nigeria’s Super Eagles at the ongoing Africa Cup of Nations (AFCON), the managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru, has commended the Super Eagles of Nigeria for qualifying for the Semi-finals.   The Super Eagles who beat arch rivals, South Africa with 2-1 victory in Egypt, qualified for the Semi-finals of the 32nd edition of the tournament where they will now face Algeria in a titanic battle. Algeria beat Ivory Coast on Thursday to set up the epic…

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AMCON, ICPC collaborate to recover N5trillion outstanding debt

Photo Caption  L-R: Executive Director, Asset Management Corporation of Nigeria (AMCON), Dr. Eberechukwu Uneze (left); Managing Director/Chief Executive Officer, AMCON, Mr. Ahmed Lawan Kuru in a handshake with the Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye; Board Chairman, AMCON Dr. Muiz Banire SAN and Executive Director, Operations, AMCON, Mr. Aminu Ismail, when AMCON visited ICPC in Abuja….on Wednesday     The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye on Wednesday in Abuja disclosed plans by the…

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AMCON N5trillion debt: Justice Dimgba, Kuru, others seek ways to improve recovery

Photo Caption R-L: Justice Nnamdi Dimgba (right); Mr. Saidu Jallo, AMCON Company Secretary/Legal Adviser; Mr. Olugbenga Bello and Justice I.N.Buba at the 2019 AMCON Annual Seminar for External Solicitors and Asset Management Partners (AMPs) co-organised by Legal Academy…in Lagos As the noose on obligors of Asset Management Corporation of Nigeria (AMCON) tightens in line with its latest enforcement strategy, Justice Nnamdi Dimgba of the Federal High Court, Asaba at the weekend reechoed the fact that the task to strengthen AMCON’s recovery drive remains a national concern and a huge burden to…

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Court freezes firms accounts over N4.2bn debt to AMCON

A Federal High Court, Lagos, today, ordered interim freezing of bank accounts of a limited liability company, Al Kahf Limited, over alleged indebtedness of N4. 282, 918, 018,43 billion to the Asset Management Corporation of Nigeria (AMCON). The court also ordered the company, its servants, agents, officers, directors, shareholders, employees, creditors, assigns, donees, tenants, privies and any other persons to deliver to AMCON the company’s property situated at Plot 1145B, Victoria Island layout, now known as 1, Mike Inegbese close, Amodu Ojikutu, Victoria Island, Lagos, with Certificate of Occupancy (CofO)…

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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 calls for more female slots in financial services industry

Photo Caption: Managing Director/Chief Executive Officer of Peak Performance Academy and Guest Speaker, Mrs. Modupe Wigwe (sitting middle) with the Group Head, Corporate Services, Asset Management Corporation of Nigeria (AMCON), Mrs. Iyatum Adode-Kobiti (sitting 3rd from right) in a group photograph with AMCON female staff at the end of the 1-day event marking the 2019 International Women’s Day (IWD) at the weekend In commemoration of the International Women’s Day (IWD), the managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has called on parents to…

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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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Nigerian Braiding Manufacturers Limited to continue operations– AMCON

The Asset Management Corporation of Nigeria (AMCON) has said the Nigerian Braiding Manufacturers Limited (NBML), a Kano State-based textile company, NBML will continue its operations. This is contrary to reports regarding the fate of the company recently taken over by AMCON as a result of the Company’s Non-Performing Loans purchased from the Banks by the Government agency. The textile company’s indebtedness to the Corporation currently stands at over One billion naira. This is despite numerous overtures by AMCON for amicable resolution of the debt to which the Company and its…

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