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All posts tagged "management corporation"

  • CBN will contribute N50bn to AMCON Sinking Fund – Chairman

    The Chairman, House of Representatives Committee on Banking and Currency, Rep. Jones Onyereri, said the Central Bank of Nigeria (CBN) would contribute N50 billion to the Assets Management Corporation (AMCON) sinking fund. Onyereri (PDP-Imo) made the announcement...

    • Posted September 23, 2013
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  • AMCON seeks buyers for Enterprise Bank

    The Assets Management Corporation of Nigeria has formally invited interested buyers to express interests in acquiring its 100 per cent stake in Enterprise Bank Limited, one of the three banks nationalised by the Federal Government in 2011....

    • Posted September 4, 2013
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  • $200m debt: AMCON finally takes over Aero; gets new MD, board

    Indications at the weekend were that the Assets Management Corporation of Nigeria (AMCON), has assumed ownership of Aero Contractors, the nation’s oldest surviving and second largest airline over debts estimated at about $200 million (about N32 billion)....

    • Posted August 20, 2013
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  • Financial advisers recommend sale of Keystone, Enterprise, Mainstreet Banks

    The three nationalised banks whose status were assessed by Assets Management Corporation of Nigeria, AMCON, have been recommended for outright sale. The banks include former Bank PHB, Spring Bank and AfriBank, presently known as Keystone Bank, Enterprise...

    • Posted March 6, 2013
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