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  1. Sep 15, 2023 · Our corporate facts. N1.7 trillion. worth of Acquired EBAs. View More. Our available assets. View All. VIEW MORE. AMCON was created to be a key stabilizing and re-vitalizing tool established to revive the financial system by efficiently resolving the non-performing loan assets of the banks in the Nigerian economy.

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      The ASSET MANAGEMENT CORPORATION OF NIGERIA (AMCON) is...

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

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

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

  2. 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. The concept is in consonance with the operation of the National Asset Management Agency of the Republic of Ireland and Malaysia Pengurusan Danaharta . [1]

  3. May 14, 2024 · The AMCON Bill was signed into law on the 9th day of July, 2010 as an Act to establish the Asset Management Corporation of Nigeria for the purpose of efficiently resolving the non-performing loan assets of Banks in Nigeria and for related matters. NigeriaFinance and Banking. Authors. INTRODUCTION.

  4. Dec 10, 2019 · President Muhammadu Buhari on Tuesday appointed Edward Lamatek Adamu as the new chairman of the Asset Management Corporation of Nigeria (AMCON), the Corporation that acts as a buyer of...

  5. Nov 10, 2022 · AMCON recovers N307bn debt in two years. 10th November 2022. By Deborah Tolu-Kolawole. The Asset Management Corporation of Nigeria recovered a total of N307 billion debts between 2020 and...

  6. Dec 20, 2023 · Hence, the birth of the Asset Management Corporation of Nigeria (AMCON), was established by the Act of the National Assembly of Nigeria in July 2010, with an intended 10-year lifespan. The objective was to detoxify the banking system through the purchase of bad assets, non-performing loans, and liquidity injection into troubled banks.

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