We must approach AMCON’s wind-down with caution – Edun - Daily Trust

We must approach AMCON’s wind-down with caution – Edun - Daily Trust

Finance Minister and Coordinating Minister of the Economy, Mr. Olawale Edun, has charged the New Board of Directors of the Asset Management Corporation of Nigeria (AMCON) to speed up debt recoveries. The minister gave the charge on Wednesday in Abuja during the inauguration of the New Board of AMCON. The new board is chaired by Dr Bala Mohammed Bello. The Non-Executive Directors are Yusuf Tegina, Adeyemo Adeoye, Charles Odion Iyiore, Yahaya Ibra…

FG Inaugurates New AMCON Board, Orders Final Push for Asset Recovery and Wind-Down - TV360 Nigeria

In a major step toward overhauling Nigeria’s financial cleanup strategy, the Federal Government has inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a clear directive to accelerate asset recovery and initiate a credible, time-bound wind-down of the agency. The inauguration ceremony, held Tuesday in Abuja, was presided over by the Minister of Finance and Coordinating Minister of the Economy, Wale …

FG directs AMCON to begin shutdown process - Lagos Television

The Federal Government has inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), tasking them with enhancing asset recovery efforts and initiating a credible, time-bound process to wind down the Corporation’s operations. In a statement released on Thursday by Mr. Mohammed Manga, Director of Information and Public Relations at the Federal Ministry of Finance, it…

FG Inaugurates AMCON Board To Strengthen Asset Recovery, Economic Stability

May 23, (THEWILL) – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has inaugurated the new Board of Directors of the Asset Management Corporation of Nigeria (AMCON). Chaired by Dr Bala Bello, the Minister charged the board with bolstering corporate governance, improving the recovery of distressed assets, and developing a clear […] The post FG Inaugurates AMCON Board To Strengthen Asset Recovery, Economic Stabi…

Edun Charges New AMCON Board To Drive Asset Recovery And Exit Strategy

The Federal Government has reconstituted the Board of Directors of the Asset Management Corporation of Nigeria (AMCON) with a directive to intensify asset recovery efforts and implement a clear, time-bound exit plan. The inauguration was presided over by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. The new board, chaired […] The post Edun Charges New AMCON Board to Drive Asset Recovery and Exit Strategy appear…

Expand insurance coverage to informal sector … Finance Minister urges NIC Board

The newly inaugurated Board of the National Insurance Commission (NIC) have been urged to work hard to help expand insurance coverage and access to all segments of Ghanaian society, especially the informal and agricultural sectors. The Finance Minister, Dr Cassiel Ato Forson, in a speech read on his behalf by the Deputy Minis­ter for Finance, Thomas Nyarko Ampem, expressed concern about Ghana’s low insurance penetration rate, currently below 2 p…