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Tinubu appoints Alade new AMCON CEO

  President Bola Tinubu has appointed Gbenga Alade, as the new Managing Director/ Chief Executive Officer, (CEO) of Asset Management Corporation of Nigeria (AMCON), pending...

Supreme Court voids AMCON takeover of Lagos Hotel

The judgment of the Court of Appeal Lagos, which nullified the takeover of Suru Worldwide Ventures Nigeria Limited's landed property by AMCON, has been...

We’ll return Arik Airline to owner if reasonable debt is paid...

The Assets Management Corporation of Nigeria, AMCON, has advised the Chairman of Arik Air, Johnson Arumemi-Ikide, to present a reasonable debt recovery plan in...

AMCON recovered N1.6tr debts in 12 years

The Asset Management Corporation of Nigeria (AMCON) has recovered N1.6 trillion from debtors in the last 12 years, its Managing Director, Ahmed Kuru said  yesterday. Speaking...

AMCON, NFIU didn’t fund FHC judges’ training in London, says chief...

AMCON, NFIU didn’t fund FHC judges’ training in London, says chief registrar The Federal High Court, FHC, has refuted a report that the Asset Management...

AMCON takes over Ibadan Electricity Distribution Company 

AMCON takes over Ibadan Electricity Distribution Company NEWS DIGEST - The Assets Management Corporation of Nigeria has announced the takeover of the Ibadan Electricity Distribution...

N4.4trn Debts: Prominent Nigerians frustrating AMCON’s recovery efforts — Senate

N4.4trn Debts: Prominent Nigerians frustrating AMCON’s recovery efforts — Senate NEWS DIGEST - The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Sen....

Buhari signs Climate Change, AMCON Amendment Bills to laws

Buhari signs Climate Change, AMCON Amendment Bills to laws NEWS DIGEST - President Muhammadu Buhari has signed the Climate Change Act and the Asset Management...

Unpaid AMCON loan: Court orders Benue workers’ salary accounts to be...

A Federal High Court, Abuja, on Friday, ordered that the salary accounts of Benue State workers be unfrozen, following a plea by the state...

Senate directs NCAA to suspend issuance of licence to NG Eagle

Senate directs NCAA to suspend issuance of licence to NG Eagle NEWS DIGEST - The Senate has directed the Nigerian Civil Aviation Authority, NCAA, to...
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