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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AMCON dismisses reports on debt profile of Nwankwo Kanu’s Hardley Apartments as inaccurate

The Asset Management Corporation of Nigeria (AMCON) has dismissed media reports on the debt profile of Nwankwo Kanu’s Hardley Apartments, describing the reports as inaccurate stories that are sponsored and published in the media to mislead the public and whip up sentiments for former Super Eagles player, Mr. Nwankwo Kanu.   A statement signed by Mr. Jude Nwauzor, Head, Corporate Communications, the Corporation was quoted to have said, “AMCON is not in the habit of joining issues with obligors on the pages of the newspapers especially when the matter is…

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AMCON boss pledges support for AMPs recovery of N740b

Photo Caption: Mr. Aliyu Kalgo, the Group Head of Enforcements at Asset Management Corporation of Nigeria (AMCON) and representative of AMCON MD, Mr. Ahmed Lawan Kuru (sitting middle) with a cross-session of participants and some staff of AMCON at the just concluded AMCON/AMP Feedback Session in Ikoyi….Lagos The managing director/chief executive officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has again pledged the full support of AMCON to its Asset Management Partners (AMPs) in the pursuit to recover the 20percent or N740billion of the total Eligible…

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AMCON boss calls for more attention on human capital development

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON) Ahmed Lawan Kuru has reiterated the need for 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 clamoring for.   Kuru who was special guest of honour at the 2018 edition of the annual Presidential Dinner for the graduating Senior Executive Course 40 Participants of the National Institute for Policy and Strategic Studies, organized by the Alumni Association of the National…

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NTM stirs Aviation stakeholders on need for corporate governance

Photo Caption: L – R Capt. Dapo Olumide, CEO, Ropeways Transport Ltd; Lawrence Fubara Anga, Partner, Aelex; Simon Tumba, CEO/Publisher, NTM; Chris Amenechi, VP, Pricing and Revenue Management, COPA Airlines, Panama; Kolawole Ayeye, CEO, GDL at the 2018 NigeriaTravelsMart (NTM) Colloquium, Lagos. As part of its contributions to deepening conversations on the challenges and development of the aviation sector, NigeriaTravelsMart, an online aviation and travel publication held yet another edition of her annual colloquium at Eko Hotels and Suites, Victoria Island, Lagos. A collection of stakeholders and experts gathered to examine the…

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Stiffer regulations needed to manage  Nigerian airlines – Kuru

The need to properly regulate the aviation industry in the country has again been identified as panache for growth and stability of airline business in Nigeria. Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru who made the declaration in Lagos also attributed the short lifespan of airlines in the country to corporate governance in the management of the airline business in the country.   Kuru, who was Guest Speaker at the 3rd edition of the Nigeria TravelsMart Colloquium organised by the Nigeria a Travel…

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AMCON, CBN win NSITF compliance award  

Photo Caption: Executive Director, Asset management Corporation of Nigeria (AMCON) Mr. Aminu Ismail (2nd left) presenting the NSITF compliance awards to AMCON Managing Director/Chief Executive Officer, Mr. Ahmed Kuru (2nd right); with them are AMCON Company Secretary/Legal Adviser, Mr. Saidu Jallo (right) and AMCON Group Head, Resolution, Mr. Jushua Ikioda (left) when the AMCON boss received the award in Abuja on Friday.    The managing director/chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru (ALK) at the weekend officially received the award plaque, presented to the…

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