Abuja - 02(09)2780300
Lagos - 02(01)2773210
customer.complaints@amcon.com.ng
whistleblowing@amcon.com.ng
Anti-Corruption.&TransparencyUnit@amcon.com.ng
NEWS HEADLINE

Business Philosophy

Asset Management Corporation of Nigeria (AMCON) was established on the 19th July 2010

AMCON Act

This Act seeks to establish the Asset Management Corporation of Nigeria for the purpose

Corporate Overview

Acquire Eligible Bank Assets (EBAs) from Eligible Financial Institutions (EFIs) at a fair value

Our corporate facts

N1.7trillion

worth of Acquired EBAs
View More
Our available assets View All

EJIM STREET, OFF OLD ABA ROAD, PORT HARCOURT, RIVERS

PROPERTY AT NO. 4 EJIM STREET, OFF OLD ABA ROAD, PORT HARCOURT, RIVERS

Zenon Apartment

The property is a multitenant residential block with 12 units of 3-bedroom apartments.

Plots of land located within Ocean Bay Estate, Lafiaji, Lekki Epe Expressway, Lagos

Infrastructure within the estate includes well-paved roads, street lights, recreational parks, children's playground etc.

No. 45, 46 & 48 Langfield Residential/Commnercial Layout, Bandang Area, Along Bukuru/Yakubu Gowon Express Way, Jos South Lga, Plateau State

Purpose built single storey (2 floors) of commercial block.

Rigs Onome and Oritsetimeyin

Rigs Onome and Oritsetimeyin are part of the Eligible Bank Assets (EBAs) under Asset Management Corporation of Nigeria’s (AMCON) asset portfolio, acquired pursuant to AMCON’s statutory powers and mandate under the AMCON Act (as amended). The Rigs were acquired through a Loan Purchase and Limited-Service Agreement (‘LPLSA’) dated 2/1/12, with which AMCON bought over First Bank of Nigeria’s (‘FBN’) loan rights and the assets charged, mortgaged, or pledged as security with respect to the unpaid debt of Seawolf Oilfield Services Ltd. (now Seawolf Oilfield Services Ltd. (in receivership) (“Seawolf”) owed to FBN.

VIEW MORE