AMCON

IBEDC sale, another national asset giveaway

The distribution company has been sold for one hundred billion naira (₦100 billion), a number contrasting with its over one…

4 weeks ago

EFCC arraigns ex-AMCON MD, four others for alleged N76bn fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned the former Managing Director of Asset Management Cooperation of Nigeria (AMCON),…

4 months ago

AMCON puts Arik Airline’s debt at over N455bn

The back and forth between the Asset Management Corporation of Nigeria (AMCON) and Arik Air, one of the airlines in…

4 months ago

Court issues bench warrant against ex-AMCON MD, Kuru, over alleged N76bn, $31.5m fraud

Justice Mojisola Dada of the Lagos State Special Offences Court in Ikeja has issued a bench warrant against the former…

5 months ago

AMCON seeks support from senators, Judiciary on debt recovery

The Asset Management Corporation of Nigeria (AMCON) has called on Nigerian senators and the judiciary to bolster its debt recovery…

5 months ago

AMCON to seize Nigerian chronic debtors’ assets overseas

The Asset Management Corporation of Nigeria (AMCON) has unveiled plans to engage international asset tracers to track and recover the…

8 months ago

AMCON intensifies asset recovery efforts, enlists international asset tracers

IN a bold move to recover outstanding debts of nearly N5trillion, the Asset Management Corporation of Nigeria (AMCON) has announced…

8 months ago

Reps direct AMCON to go after debtors irrespective of social status

The Chairman, House of Representatives Committee on Banking & Ancillary Institutions, Honourable Eze Nwachukwu Eze, recently in Enugu renewed the…

9 months ago

Alleged N42b debt: AMCON moves against Milan Industries’ Chair, four directors

The Asset Management Corporation of Nigeria (AMCON) has initiated bankruptcy proceedings against the Chairman of Milan Industries Limited, Milan Nigeria…

1 year ago

Supreme Court halts AMCON takeover of Lagos hotel

The Supreme Court has halted the takeover of Suru Worldwide Ventures by the Asset Management Corporation of Nigeria (AMCON). The…

1 year ago

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