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Alhaji Ahmed Kuru

AMCON’s N5.4tn debt burden

Recently, the media was agog with news about the Asset Management Corporation of Nigeria (AMCON) threatening to publish a list of debtors. According to AMCON’s...

Strike: Senate urges FG to dialogue with oil marketers over subsidy arrears

Lagos Senators reject Banire’s nomination as AMCON chairman

  By Patience Danjuma  The Senate on Tuesday received a petition to reject the nomination of Muiz Banire as Chairman of the Assets Management Corporation of...

Alhaji Ahmed Kuru

N5.4tr debt: AMCON changes strategy to complete assets seizure

The Assets Management Company of Nigeria (AMCON) on Sunday said that there will be no more room for negotiation with obligors as the company is now set for a new stage...

Alhaji Ahmed Kuru

AMCON recovers N731bn bad loans in seven years

The Asset Management Corporation of Nigeria (AMCON), has recovered bad loans worth N731 billion. The loans exclude clawbacks, from the start of its operations in 2010 up...

Alhaji Ahmed Kuru

AMCON to sell off Aero Contractors, Arik Air before 2023

The Asset Management Corporation of Nigeria (AMCON) has said it would dispose assets like Aero Contractors and Arik Air before the end of its mandate around 2023/24....

Alhaji Ahmed Kuru

AMCON to dispose of Aero Contractors, Arik Air before 2023

The Asset Management Corporation of Nigeria (AMCON), has said it would dispose assets like Aero Contractors and Arik Air before the end of its mandate around 2023/24....

Alhaji Ahmed Kuru

AMCON to hand over Arik after debt recovery

The Managing Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has said the corporation is willing to hand over ownership of Arik Air and Aero...

Alhaji Ahmed Kuru

AMCON to hand over Arik after debt recovery

The Managing Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has said the corporation is willing to hand over ownership of Arik Air and Aero...

Arik Air vows to challenge AMCON takeover

Reps seek AMCON turn-around of Arik, Aero

The House of Representatives Committee on Banking and Currency has called on the Asset Management Company of Nigeria (AMCON) to double efforts towards repositioning Arik...

Senate to fast track passage of new minimum wage bill

Senate: AMCON must pay N13bn owed by Arik

By Patience Danjuma  The Senate Committee on Aviation has vowed to ensure that Arik airline pays its debt of N13 billion to the Federal Airports Authority of Nigeria...

Alhaji Ahmed Kuru

AMCON: FG ordered us to take over Arik Air to prevent collapse

Oluwatoyin Amao  The Asset Management Corporation of Nigeria (AMCON) has revealed that the Federal Government ordered it to take over the troubled Nigerian carrier Arik...

arik-air

Arik Air: AMCON denies Ethiopian Airline’s claim

The Asset Management Corporation of Nigeria (AMCON) says it is not aware of any current discussion or negotiation with the management of Ethiopian Airlines regarding...

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