Unity Bank Plc has confirmed that a current shareholder of the bank acquired the 34% equity stake previously...
The Asset Management Corporation of Nigeria (AMCON) has sold its 34% equity stake in Unity Bank Plc to Providus Bank, marking a major milestone in a long-awaited merger between the two financial institutions.
When the Asset Management Corporation of Nigeria (AMCON) was created in 2010, it was meant to be a one-time intervention.
Employees in Commercial Banks in Nigeria earn much less than their counterparts in other African Countries.
The Asset Management Corporation of Nigeria (AMCON) is grappling with the recovery of over N4 trillion in outstanding debts and has called on the media to help hold debtors accountable.
Keystone Bank Limited on Tuesday announced that it is now fully owned by the Federal Government of Nigeria,...
The Economic and Financial Crimes Commission (EFCC) has arraigned Ahmed Kuru, the former Managing Director of the Asset...
The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to recovering the N227 billion debt owed by Arik Air, as the agency intensifies efforts to liquidate the airline.
Struggling telecommunications company, Ntel is preparing to bounce back with the appointment of a former MTN Nigeria CEO, Adrian Wood, to lead the company in its restructuring and rebranding bid.
Femi Otedola, chairman of FBN Holdings and principal owner of Geregu Power, has levelled serious accusations against Zenith Bank, alleging fraud and mismanagement in dealings involving his former company, Zenon Petroleum & Gas, and other related firms, according to a report by Premium Times.
Union Oak Farms & Industries Limited wants the Federal High Court to set aside its interim orders against its property following AMCON's request.
The Federal Government has commenced the unbundling process for the 11 electricity distribution companies (DisCos) along state lines for better efficiency.
