Asset Management Corporation of Nigeria (AMCON) has restructured its asset sales in a bid to facilitate speedy disposals. Managing Director/Chief Executive Officer of AMCON, Mr. Ahmed Kuru who disclosed this at a 2-day Asset Sales Strategy Retreat in Abuja, added that the Corporation has restructured its processes from within in anticipation of better outcomes in […]
Read More Managing Director and Chief Executive at the Asset Management Corporation of Nigeria (AMCON) Mr. Ahmed Kuru, at the weekend disclosed that the Sinking Fund facility set up by the Federal Government to complement its efforts in distress resolution in the banking industry has grown to about ₦913billion at the end of 2016. The AMCON sinking […]
Read More As a result of the new aggressive recovery strategies adopted by the Asset Management Corporation of Nigeria, it was able to recover ₦134bn from various debtors in the 2016 financial year. The Managing Director/Chief Executive Officer, AMCON, Mr. Ahmed Kuru, stated this in Lagos on Friday at press briefing to explain the agency’s performance for […]
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