Tag: AMCON

AMCON is Succeeding, Says Sanusi

Contrary to the suggestion by the International Monetary Fund (IMF) that the Asset Management Corporation of Nigeria (AMCON) should wind down its operations, the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi,  has said  the corporation is on track and is achieving its goals. Sanusi, who […]

I Foresee More Problems in Nigerian Banking Sector

 In this interview with PETER OBIORA, Online editor at InvestAdvocate, Barrister Bisi Iyaniwura, Investment Lawyer in Lagos Nigeria takes on issues regarding the Asset Management Corporation of Nigeria (AMCON), how the Nigerian Stock Exchange is administered, issues of Corporate Governance as regards Quoted Companies and Banks, and other matters arising. Excerpts: […]

AMCON Appoints Receiver-manager for Fiogret

The Asset Management of Nigeria (AMCON) has said it has appointed Kunle Ogunba (SAN), as the receiver-manager over “the entire undertakings, stocks, goodwill, plant and machinery, moveable and fixed assets,” of Fiogret Limited. A statement at the weekend said the appointment of the firm as the receiver of Fiogret assets […]