AMCON struggles to recover N4 trillion debt in Nigeria, urges media to hold debtors accountable
The Asset Management Corporation of Nigeria (AMCON) is grappling with the recovery of over N4 trillion in outstanding debts and ...
Tag: AMCON News
News and analysis about AMCON
Keystone Bank now fully owned by FG following Sigma Golf’s dissolution by Court
Keystone Bank Limited on Tuesday announced that it is now fully owned by the Federal Government of Nigeria, following the ...
EFCC arraigns ex-AMCON MD, Ahmed Kuru, 4 others for N76bn, $31.5m fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned Ahmed Kuru, the former Managing Director of the Asset Management Corporation ...
AMCON vows to recover N227 billion debt from Arik Air amid liquidation plans
The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to recovering the N227 billion debt owed by Arik ...
Ntel appoints former MTN boss, Adrian Woods, as CEO, plans $550 million fundraising
Struggling telecommunications company, Ntel is preparing to bounce back with the appointment of a former MTN Nigeria CEO, Adrian Wood, ...
Reports: Billionaire Femi Otedola accuses Zenith Bank of fraud in legal battle
Femi Otedola, chairman of FBN Holdings and principal owner of Geregu Power, has levelled serious accusations against Zenith Bank, alleging ...
Debt: Court asked to nullify AMCON’s possession of Oak Farms’ property in Anambra
Union Oak Farms & Industries Limited wants the Federal High Court to set aside its interim orders against its property ...
Power crisis: FG commences unbundling of 11 DisCos along state lines
The Federal Government has commenced the unbundling process for the 11 electricity distribution companies (DisCos) along state lines for better ...
AMCON: Court freezes health workers union bank accounts over N47 million debt owed Access Bank
The Federal High Court, Abuja froze the bank accounts of the Medical and Health Workers Union Kankara branch, following its ...
Loan: AMCON seeks court’s permission to possess businessman’s houses over N50 million debt owed defunct Skye Bank
The Asset Management Corporation of Nigeria(AMCON) has sought permission from the Federal High Court sitting in Abuja to possess the ...
