Tags AMCON DEBT

Tag: AMCON DEBT

Nigeria’s Debt-to-Revenue Ratio May Hit 90% In 2022

As the country plans to borrow not less than N6 trillion to fund the 2022 budget,  analysts have said Nigeria’s  debt revenue...

AMCON lists 7,912 names owing N4.4tn as deadline expires today

e Asset Management Corporation of Nigeria is set to publish the names of 7,912 debtors owing it a total of N4.4tn, it...

AMCON To Publish Debtors’ List In January

The Asset Management Corporation of Nigeria (AMCON) has concluded arrangements to publish the full list of the names of individuals, institutions and directors on...

AMCON Boss Wins Public Integrity Award

The  managing director and chief executive officer of Asset Management Corporation of Nigeria (AMCON) Mr Ahmed Kuru,  at the weekend won the...

N4.4trn Debt: AMCON Sends 1000 Top Defaulters’ List To NASS

The Assets Management Corporation of Nigeria (AMCON) has submitted a list containing its top 1,000 loan defaulters to the National Assembly in...

73% Debt Servicing Puts Nigeria’s Economy On Edge

The federal government plans to borrow a fresh N6 trillion next year to finance the 2022 budget, thus further increasing the country...

AMCON Takes Over Abadat Ventures’ Assets Over N600m Debt

The asset management corporation of Nigeria has taken over assets belonging to Alhaji Buhari Abdulfatai, chief promoter of Abadat Ventures Limited over...

Buhari Regime Borrows $2.02bn From China in six years

The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed.

N5tn debt: AMCON plans to change recovery strategy

The Asset Management Corporation of Nigeria has said that its Asset Management Partners scheme has resolved to change its recovery strategy.

Rising debt service cost weighing on FG’s revenue – PwC

The increasing cost of servicing debt continues to weigh on the Federal Government’s revenue profile, a PwC report has said.

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