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1. amcon.com.ngAsset Management Corporation of Nigeria (AMCON)

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   Sep 15, 2023 · AMCON Act. This Act seeks to establish the Asset Management Corporation of Nigeria for the purpose. Corporate Overview. Acquire Eligible Bank Assets (EBAs) from Eligible Financial Institutions (EFIs) at a fair value. Our corporate facts. N1.7 trillion. worth of Acquired EBAs. View More. Our available assets. View All. VIEW MORE.

   • HOME

     This is to inform the public and all stakeholders of Asset...

   • NEWS ROOM

     Head Office 417, Tigris Crescent, Off Aguiyi Ironsi Street,...

   • FAQs

     All bids must be submitted alongside executed AMCON Know...

   • CONTACT US

     Lagos Office: 67, Marina Street, Lagos Island, Lagos,...

   • Governance Structure

     Mr. Lucky Adaghe who recently was appointed to serve as...

   • The AMCON Act

     An act to establish the Asset Management Corporation of...

   • Achievements

     The Loan Management Team classifies loans based on their...

   • About AMCON Disposal

     By virtue of the AMCON Act 2010 enacted by the National...

2. www.amcon.com.ng › defaultAsset Management Corporation of Nigeria (AMCON)

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   Sep 15, 2023 · AMCON Act. This Act seeks to establish the Asset Management Corporation of Nigeria for the purpose. Corporate Overview. Acquire Eligible Bank Assets (EBAs) from Eligible Financial Institutions (EFIs) at a fair value. Our corporate facts. N1.7 trillion. worth of Acquired EBAs. View More. Our available assets. View All. VIEW MORE.

3. www.amcon.com.ng › governance-structureAsset Management Corporation of Nigeria (AMCON)

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   Mr. Lucky Adaghe who recently was appointed to serve as Executive Director at Asset Management Corporation of Nigeria (AMCON) by the Commander-in-Chief of the armed forces of the Federal Republic of Nigeria, President Ahmed Bola Tinubu GCFR, is a first-class material from the University of Lagos (UNILAG), a visionary leader, and chartered accountant with over 30 years of experience in various ...

4. en.wikipedia.org › wiki › Asset_ManagementAsset Management Corporation of Nigeria - Wikipedia

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   Eberechukeu Uneze, Executive Director. Aminu Ismail, Executive Director. Key document. AMCON Act 2010. Website. Official Website. Asset Management Corporation of Nigeria (AMCON) is a body established by the Act of the National Assembly of Nigeria in July 2010 with an intended 10 years lifespan.

5. www.makemoney.ng › amconAMCON: History, roles, and function - MakeMoney.ng

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   Mar 19, 2024 · What is AMCON? Historical background. Functions of Asset Management Corporation of Nigeria (AMCON) 1. Assists eligible financial institutions. 2. Manages and disposes of eligible bank assets. 3. Obtains achievable financial returns. 4. Acquires eligible bank assets. 5. Invests in eligible financial institutions. 6.

6. elischolar.library.yale.edu › cgi › viewcontentAsset Management Corporation of Nigeria (AMCON): Asset Management

   elischolar.library.yale.edu › cgi › viewcontent

   Asset Management Corporation of Nigeria (AMCON): Asset Management1. Pascal Ungersboeck2 and Corey Runkel3. Yale Program on Financial Stability Case Study January 3, 2021; Revised Date: June 23, 2021. Abstract. Nigeria experienced the Global Financial Crisis as a dramatic decline in the price of crude oil and a burst stock market bubble.

7. People also ask

   What does asset management company of Nigeria do?

   • The Asset Management Company of Nigeria engages in the activities of holding, managing, and subsequently divesting eligible assets held by banks. Within this scope of operation, the company assumes the responsibility of gathering both the interest on the principal and the due capital for the duration of the transactions.

   AMCON: History, roles, and function - MakeMoney.ng

   www.makemoney.ng/amcon/

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   How did AMCON invest in assets in Nigeria?

   • Although nearly every financial institution in Nigeria participated in asset transfers, AMCON’s portfolio was dominated by assets acquired from a small number of sellers as well as a small number of loans with large face value.

   Asset Management Corporation of Nigeria (AMCON): Asset

   elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1178&context=journal-of-financial-crises

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   How did AMCON become a national asset management agency?

   • The draft bill establishing AMCON was modeled after Ireland’s National Asset Management Agency and Malaysia’s Danaharta. These agencies were mandated to acquire NPLs during the GFC and the Asian Financial Crisis, respectively (Makanjuola 2015). 8. Governance/Administration: AMCON was governed by a 10-member board of directors.

   Asset Management Corporation of Nigeria (AMCON): Asset

   elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1178&context=journal-of-financial-crises

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   What is AMCON's mandate in asset management?

   • 4. Mandate: Within asset management, AMCON’s mandate was to maximize returns. The AMCON Act charged the corporation to “obtain the best achievable financial returns on eligible bank assets” and to protect the value of those assets in the interest of AMCON (AMCON Act 2010).

   Asset Management Corporation of Nigeria (AMCON): Asset

   elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1178&context=journal-of-financial-crises

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8. ng.linkedin.com › company › asset-managementAsset Management Corporation Of Nigeria | LinkedIn

   ng.linkedin.com › company › asset-management

   Asset Management Corporation Of Nigeria | 3,604 followers on LinkedIn. Asset Management Corporation of Nigeria (AMCON) was established on the 19th July 2010, when the President...