Nigeria — Asset Management Corporation of Nigeria
Tracked across 8 events · 105 articles · First seen Dec 03, 2025 · Last active Aug 21, 2026
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Regulatory
Impact: Nigeria — Asset Management Corporation of Nigeria has repaid N3.6 trillion to the Nigeria — Central Bank of Nigeria, demonstrating significant progress in its debt recovery mandate and stabilizing the financial system.
Dec 03, 2025 · 6 articles
Business
Impact: AMCON is the central actor, driving the divestment of NTEL and reporting strong debt recovery. The Supreme Court judgment reinforces its legal powers, improving its operational effectiveness.
Jul 26, 2026 · 20 articles
Domestic
Impact: AMCON gains a new board chairman with extensive financial sector experience. The corporation continues its mandate to resolve non-performing loans and prepare for its 2030 sunset.
Jul 08, 2026 · 20 articles
Domestic
Impact: The Nigeria — Asset Management Corporation of Nigeria (AMCON) was tasked with recapitalizing Polaris Bank after its creation to absorb the defunct Polaris Bank Limited.
May 28, 2026 · 9 articles
Domestic
Impact: AMCON provided recapitalization for Polaris Bank.
Jul 16, 2026 · 6 articles
Business
The Nigeria, through the Nigeria — Federal Ministry of Steel Development, signed a Sub-lease and Operations Agreement with Premium Steel and Mines Limited (PSML) to revive the dormant Delta Steel Company in Ovwian-Aladja, Nigeria —…
Impact: Sold the company to PSML in 2015 to recover debts; now a historical note.
Aug 20, 2026 · 7 articles
Business
Impact: AMCON is referenced in a separate acquisition by the state government, unrelated to the solar plant.
Jul 17, 2026 · 11 articles
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