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

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   Dec 14, 2023 · 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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     Asset Management Corporation of Nigeria (AMCON) was...

   • NEWS ROOM

     AMCON New Executive Management Visits Finance Minister ....

   • FAQs

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

   • CONTACT US

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

   • Corporate Overview

     Asset Management Corporation of Nigeria (AMCON) was...

   • Business Philosophy

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

   • Governance Structure

     AMCON’s leadership exemplifies the very best financial...

   • The AMCON Act

     Download AMCON Act 2019. Section 1 (1) of the Act...

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

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   AMCON’s leadership exemplifies the very best financial professionals of high repute, creating a unique blend of asset management talent and experience.

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3. sabilaw.org › asset-management-corporation-ofAsset Management Corporation of Nigeria (Amendment) Act, 2021

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   Apr 1, 2022 · Click to download the Asset Management Corporation of Nigeria (Amendment) Act, 2021. The Asset Management Corporation of Nigeria (Amendment) Act, 2021 contains 6 sections and was signed into law on the 12th of November, 2021 by the President of Nigeria, His Excellency Mohammadu Buhari, GCFR.

4. lawnigeria.com › 2020/01/06 › assets-managementASSETS MANAGEMENT ADMINISTRATION (AMCON) ACT ... - Law Nigeria

   lawnigeria.com › 2020/01/06 › assets-management

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   Jan 6, 2020 · DOWNLOAD PDF COPY OF THIS LAW (N2000) ASSET MANAGEMENT CORPORATION OF NIGERIA (AMENDMENT NO. 2) ACT, 2019. EXPLANATORY MEMORANDUM. This Act amends the Asset Management Corporation of Nigeria Act, No. 4, 2010 to give the Corporation additional functions and increase the members of the Board.

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

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   Mar 19, 2024 · AMCON, short for Asset Management Corporation of Nigeria, was established as a governmental agency in 2010, in direct response to both the global financial crisis and the subsequent banking crisis that gripped Nigeria.

6. www.mondaq.com › nigeria › wealth--asset-managementTransitioning AMCON – The Choice Between Winding Down And ...

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   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.

7. People also ask

   What is Asset Management Corporation of Nigeria (AMCON)?

   • 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.

   Nigeria: Transitioning AMCON – The Choice Between Winding Down And

   www.mondaq.com/nigeria/wealth--asset-management/1402848/transitioning-amcon--the-choice-between-winding-down-and-privatisation

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   What is Asset Management Corporation of Nigeria (Amendment Act) 2021?

   • Asset Management Corporation of Nigeria (Amendment) Act, 2021. The Act amends the Asset Management Corporation of Nigeria Act No. 4 2010

   Asset Management Corporation of Nigeria (Amendment) Act, 2021

   sabilaw.org/asset-management-corporation-of-nigeria-amendment-act-2021/

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   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 the NPL acquire a bank in Nigeria?

   • The body acted as the buyer of banks for the Nigerian Government by acquiring the non-performing loans (NPL). The original book value of the acquired NPLs was ₦4.02 trillion at a price of ₦1.76 trillion with a commensurate issue of Zero Bond for the NPL acquired.

   Asset Management Corporation of Nigeria - Wikipedia

   en.wikipedia.org/wiki/Asset_Management_Corporation_of_Nigeria

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

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   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 ]