The Central Bank of Nigeria (CBN) has announced the completion of sale of Polaris Bank to Strategic Capital Investment Limited (SCIL). Osita Nwanisobi, CBN’s Director, Corporate...
The Asset Management Corporation of Nigeria (AMCON) has blamed conflicting orders of the court and slow judicial process for the low recovery of over N5 trillion...
A Federal High Court in Abuja has issued an order to commence process to jail the Managing Director of the Assets Management Company of Nigeria (AMCON),...
The Asset Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company (IBEDC) Limited, over insolvency. The debt recovery outfit subsequently has...
The Court of Appeal, Lagos, has dismissed an appeal by the Chairman of Global Fleet Group, Barr Jimoh Ibrahim, challenging seizure of his properties by...
President Muhammadu Buhari has signed into law the bill on Asset Management Corporation of Nigeria (Amendment) Act, amending the AMCON Act No.4, 2010. The amended...
The Asset Management Corporation of Nigeria (AMCON) said it has taken over the palatial mansion of Alhaji Abdulfatah Ahmed, the former two-time governor of Kwara...
The Asset Management Corporation of Nigeria (AMCON) says it has recovered over N1.4 trillion, out of a total N5 trillion debt owed it by obligors....
