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Sep 15, 2023 · Asset Sales; Corporate Communications; Enterprise Risk Management; Finance; Property Management; Proprietary Portfolio Management; Security; Valuation and Insurance; The AMCON Act; Achievements; ASSET DISPOSAL . About AMCON Disposal; Assets for Sale; Assets for Rent; RESOURCES. AMCON Resources; AMP Portal; Case Management Solution; NEWS ROOM ...
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 ...
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]
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. The central mission of AMCON is to foster stability within the Nigerian banking sector by addressing the issue of non ...
Asset Management Corporation of Nigeria (AMCON): Asset Management. 1. Pascal Ungersboeck. 2. and . Corey Runkel. 3. 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.
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.
Nov 23, 2023 · November 23, 2023. Due to the global financial crisis and domestic events, the federal government of Nigeria, through the Central Bank of Nigeria, conceptualized the idea for the establishment of a body to prevent a looming financial crisis. Hence, the birth of the Asset Management Corporation of Nigeria (AMCON), was established by the Act of ...
