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Tag: Asset Management Corporation of Nigeria (AMCON)

N600m Debt: AMCON Takes over Assets of Serving Senator

The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to a serving Senator, Alhaji Buhari Abdulfatai, Chief Promoter of Abadat Ventures...

Senate Passes AMCON Amendment Bill

The Senate has passed the Asset Management Corporation of Nigeria (AMCON) Amendment Bill. This followed the adoption of the report of Senate Committee on Banking,...

Over N5.4trn Debt: AMCON Seeks BOFIA 2020 Accommodation

Asset Management Corporation of Nigeria (AMCON) has approached the National Assembly to accommodate it in the provisions of the newly amended BOFIA (2020), which sets...

Senate Mulls Over Bill To Empower AMCON On Asset Recovery

The Senate on Tuesday considered a bill seeking to empower the Asset Management Corporation of Nigeria (AMCON) in the aspect of assets recovery, as...

Alleged N69.4bn Debt: Court Makes U-turn Over Seizing of Jimoh Ibrahim’s...

Justice Okon Abang of a Federal High Court sitting in Abuja on Monday set aside his order made on January 4, 2021 directing the...

N69.4BN Debt: Jimoh Ibrahim Loses Bid To Recover Seized Assets

After an exhaustive nearly two hours of court ruling, a Federal High Court Lagos Division has finally declined to vacate an interim order through...

AMCON Pushing Hard To Recover N4.4 trn Debt Nationwide, Says Official

The Asset Management Corporation of Nigeria (AMCON) says it is pushing hard to recover the N4.4 trillion debts owed the company in failed financial...

Reports Of Detention Of 344 Students Of Enugu School Fake News,...

The Asset Management Corporation of Nigeria (AMCON) has debunked news that it detained 344 female students of Providence High School, located on Independence Layout...

350 Businessmen, Firms Account For 80% Of N4.4trn Debt, Says AMCON

The Management of Asset Management Corporation of Nigeria (AMCON) has disclosed that 350 businessmen and firms owe it N3.6 trillion. AMCON Group Head of AMCON...

Alleged N69.4bn Debt: Jimoh Ibrahim Seeks Reversal Of Assets Seizure

The Federal High Court sitting in Lagos has fixed Tuesday to hear an application by businessman, Jimoh Ibrahim, seeking to set aside an interim...
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