A Federal High Court sitting in Abuja, in Suits No. FHC/ABJ/CS/1136/2019 has ordered Asset Management Corporation of Nigeria (AMCON) to take over the business and assets of Bedko Nigeria Limited…
The Federal High Court in Lagos State on Thursday fixed April 2, for the arraignment of Ifeanyi Ubah and his company, Capital Oil and Gas Industries Limited, over an indebtedness…
The increasing number of bad loans recorded by banks in the aviation sector has been attributed to poor understanding of airline business by banks rushing to lend to the sector,…
President Buhari has written to the Senate, seeking for the screening and confirmation of Edward Adamu as Chairman, Asset Management Corporation of Nigeria, AMCON. The letter dated December 9, 2019,…
The planned arraignment of Senator Ifeanyi Ubah at the federal high court sitting in Ikoyi Lagos over his N135bn debt to the Asset Management Company of Nigeria, was stalled on…
The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, yesterday said the National Assembly will join forces with the executive arm of government to wedge…
The Asset Management Corporation of Nigeria (AMCON) has taken over some properties belonging to Ademola Seriki, a former minister of state for defence, for debts totalling N1bn The affected properties…
The Managing Director of the Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has urged the federal government to use the Arik Airline as a stepping stone towards setting…
In his resolve to recover the over N5.4trn outstanding debt from obligors, the managing director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has solicited the help of…
The Managing Director/Chief Executive Officer, AMCON, Mr. Ahmed Kuru, has said that even though obligors of AMCON had been working hard to stretch AMCON to the sunset period, the corporation,…