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Lagos - 02(01)2773210
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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
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Our available assets View All

Plot 642 Akin Adesola street (Adeyemo Alakija),Victoria lsland, Lagos State

The property is situated as a corner piece land fronting Akin Adesola Way to one side and Adeyemo Alakija Way to the other side.

Property at Imoore Town, via ijegun (Oriade LCDA)

Bare Land

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.

PLOT NO 62 OSHO DRIVE

A mixed use 3-Storey building

No 5 Adeola Odeku Street, Victoria Island, Lagos State

Development on site comprises: Main Building (3 floor building originally designed as private residential structure but which has now been converted to commercial use), domestic staff quarters, gate house, ATM house, generator house

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