Tag: Debtors
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AMCON submits list of 1,000 debtors ‘holding Nigeria to ransom’to National Assembly
In a spirited move to recover debts owed it, the Asset Management Corporation of Nigeria (AMCON) on Friday submitted a list of its top 1,000 debtors to the National Assembly. The names were submitted to the House of Representatives Committee on Banking and Currency at the just concluded retreat of the committee in Lagos. This…
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Debtors in fresh trouble as Senate passes AMCON amendment bill
The Senate has passed the Asset Management Corporation of Nigeria (AMCON) Amendment Bill. This followed the adoption of the report of Senate Committee on Banking, Insurance and Other Financial Institutions at plenary on Wednesday. Presenting the report, Sen. Uba Sani, Chairman of the Committee, said the committee engaged stakeholders including AMCON, Ministries of Finance, Budget…
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AMCON set to release another debtors’ list
Indications emerged on Tuesday that the Asset Management Corporation of Nigeria (AMCON) is preparing to release another list of debtors. The corporation’s Head of Corporate Communications Department, Jude Nwauzo confirmed the development. According to information obtained, the corporation has decided to expose the debtors following their failure to meet their debt obligations after several peaceful…