Saturday , October 23 2021
Home / Tag Archives: Asset Management Corporation of Nigeria (AMCON)

Tag Archives: Asset Management Corporation of Nigeria (AMCON)

N537m debt: Donald Duke settles AMCON, gets his property back

The Federal High Court in Lagos has discharged its August 8, 2019 order, which empowered the Asset Management Corporation of Nigeria to take over an Ikoyi property of a former governor of Cross River State, Mr Donald Duke, over an alleged debt of N537,334,360.77. Justice Nicholas Oweibo discharged the takeover order on Wednesday after the parties presented him with their …

Read More »

AMCON Revs up recovery effort, appoints professional debt resolution firms as partners

As part of its renewed strategy to resolve over six thousand accounts with loan balances of N100million and below, the Asset Management Corporation of Nigeria (AMCON) has flagged off its induction programme for successful firms that qualified as its Asset Management Partners (AMPs). The AMPs are consortiums with specialist skills required to ensure recovery and debt resolution; banking, legal, valuation …

Read More »