AMCON restructures, strategises for speedy asset disposal
ASSET Management Corporation of Nigeria (AMCON) has restructured its asset sales in a bid to facilitate speedy disposals.
AMCON seals NMWIL premises over N611.5M debt
THE premises of Nigerian Mineral Water Industries Limited, NMWIL, located at No.1 Limica road, Onitsha, Anambra State was yesterday sealed off by the Asset Management Corporation of Nigeria, AMCON, following an order granted to it by the Federal High Court sitting in Awka, the state capital.
N681bn debt recovered so far — AMCON boss
The Asset Management Corporation of Nigeria, AMCON, has recovered over N681.5billion from chronic debtors in the last six years of its operation, its Managing Director, Alhaji Ahmed Kuru, said in Abuja yesterday.
We only got 22.5% from AMCON, DSC staff cry out
Disengaged staff of moribund Delta Steel Company, DSC, Ovwian/Aladja, Udu Local Government Aarea, Delta State, have said that the Assets Management Company of Nigeria, AMCON, only paid them 22.5 per cent of what they are being owed.
International creditors to sue FG as AMCON scales down Arik operations by 70%
ASSET Management Corporation of Nigeria, AMCON, has scaled down flight operations of Arik Air to less than 30 percent. This is just as international creditors to the airline are set to sue Federal Government over the take-over of the airline.
We took- over Arik for N146bn debt – AMCON DG
The Managing Director of Assets Management Corporation of Nigeria (AMCON), Mr Ahmed Kuru, said the corporation took over Arik because the airline was owing it N146 billion.
AMCON takes over OAS Helicopters
The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services (OAS) Helicopters in Lagos following a court order.
AMCON hires KPMG to undertake forensic audit of Arik Air
The ASSET Management Company of Nigeria, AMCON, the new management of Arik Air, has hired KPMG, financial experts, to undertake a forensic and diagnostic audit of the finances of the airline to ascertain the true position of its finances.
Arik Air’s take-over: ‘Powerful cabal in the Presidency taking advantage of Buhari’s absence’
THE Asset Management Corporation of Nigeria, AMCON, yesterday, said that over N10 billion will be needed to fix Arik Air to resume full and uninterrupted flight operations to its regular routes across the country and beyond.
We need N10bn to fix Arik airline — AMCON
AMCON said it would require over N10 billion to fix the rot before the largest local carrier could resume full and uninterrupted flight operations to its regular routes across the country and beyond
Why we re-opened Silverbird, Rhythm FM —AMCON
The Assets Management Corporation of Nigeria, AMCON, has said it decided to reopen the Silverbird Group of Companies to enable it run effectively to settle its debt obligations.
