AMCON: Experts call for National Policy On Debt Recovery
The expert argued that the move would insulate the banking sector against reckless borrowers and recalcitrant debtors.
Tag: AMCON
Amidst disagreement, Senate passes bill empowering AMCON to seize assets not included as collateral
The bill seeks to empower AMCON to, amongst others, take possession, manage or sell all properties traced to debtors, whether ...
![Aero Contractors Company of Nigeria Limited used to illustrate the story. [Photo credit: Daily Mail]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/11/Aero-Contractors-Company-of-Nigeria-Limited.jpg?fit=634%2C423&ssl=1)
Aero Contractor MD, Ado Sanusi, steps down
Aero is Nigeria’s oldest surviving domestic airline.
Buhari reappoints AMCON chief, names new MD for NDIC
The outgoing NDIC chief has concluded his second term as MD.
AMCON seizes assets of investment firm owners over N4 billion debt
The case of Geedee Zulu Investment Limited and its promoters have been interminable since the loan was purchased by AMCON ...
AMCON not after Toke Makinwa – Official
“What I can tell you now is that Toke Makinwa is not an obligor of AMCON."
AUDIO: Sacking me from my house is injustice – Buba Galadima
Buba Galadima, a former political ally of the president, has for years been one of the most vociferous critics of ...
Confirmation of FIRS, AMCON chairs, reintroduction of Peace Corps bill top Senate activities last week
The Senate adjourned until next year for the Christmas and New Year break.
![National Legal Adviser of the All Progressive Congress, APC, Muiz Banire. [Photo credit: THEWILL]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/10/Muiz-Banire.jpg?fit=800%2C600&ssl=1)
Muiz Banire speaks on his removal as AMCON chairman
President Muhammadu Buhari sent the name of Edward Adamu to the Senate for confirmation as the new AMCON chairman.
N1 billion Debt: AMCON takes over former Minister’s assets
The two properties are located in Lagos and Abuja.
Convert Arik to National Carrier, AMCON MD tells Nigerian government
Mr Kuru said his agency has retrieved Arik from the brink of collapse and restructured and positioned it on the ...
N5 trillion AMCON debt: Osinbajo constitutes inter-agency taskforce on recovery
About 67 per cent of the outstanding N5 trillion debt is said to be owed by just 20 individuals/entities.
AMCON Debt: Court orders takeover of SEPLAT Petroleum chairman’s assets
The court also ordered the take over of the assets of two of Mr Orjiako's affiliate companies, Shebah Exploration & ...
EXCLUSIVE: Inside the stupendous wealth of Arik Air founder, Arumemi-Ikhide
Mr Arumemi-Ikhide sat on vast wealth while his troubled airline accumulated billions in debt, compelling a government takeover with taxpayers’ ...
Bad Loans: AMCON chief seeks return of failed banks Act
Damage by financial institutions to the economy through approval of fictitious loans worse than corruption.
AMCON threatens to disengage partners unable to recover over N740bn assets
AMCON's total eligible bank assets portfolio is put at about N3.7 trillion.
Polaris bank sale to begin after election – AMCON
“We would advertise for expressions of interest from investors after elections and commence the sale process.”
Reps to present proposed AMCON amendment bill next week – Committee chairman
The bill is seeking to strengthen AMCON to go after its chronic obligors
AMCON names Nigeria’s non-paying debtors; Ubah, Babalakin, Oloffa, Kashamu, others top list
AMCON had said it would name, shame and embark on take-over of properties of the delinquent debtors
Why airline businesses fail in Nigeria – AMCON chief
Airlines need stiffer regulations to succeed, he said.
How courts can help AMCON recover N5.4 trillion debts – Onnoghen, Bulkachuwa
“AMCON currently has over 3,000 cases pending at the Federal High Court."
AMCON seeks judges support to recover N5.4trn debts
The FHC chief judge also sought support for AMCON.
AMCON Nomination: Banire reacts to rejection by Lagos senators
The three APC senators representing Lagos State, Mr Banire's home state oppose the nomination.
Senate receives petition to reject Banire as AMCON Chairman
The three senators from Lagos State are reportedly against the nomination.
Buhari seeks Senate confirmation of AMCON, FCSC chairpersons, members
Former APC legal adviser, Muiz Banire, nominated as AMCON Chairman.
