AdminJan 17, 20181 min readKanu Nwankwo laments takeover of his hotel by Nigerian government, says AMCON disobeying court orderFormer Super Eagles captain, Kanu Nwankwo, has called the attention of the general public to the refusal of AMCON to respect court orders...
AdminSep 5, 20171 min readArik Air: AMCON breaks silence over Ethiopian Airlines bidThe Asset Management Corporation (AMCON), on Monday said no negotiation with Ethiopian Airlines to manage the Nigerian carrier, Arik...
AdminAug 4, 20171 min readAMCON, EFCC to raid banksAsset Management Corporation of Nigeria (AMCON) and the Economic and Financial Crimes Commission (EFCC) are set to storm banks whose...
AdminJul 21, 20171 min readAMCON takes over Gateway Portland CementAsset Management Corporation of Nigeria (AMCON) has taken over Gateway Portland Cement Limited. This followed an injunction which the...
AdminMay 28, 20171 min readAMCON to sell Peugeot Automobile to Dangote, Kebbi, Kaduna statesThe Asset Management Company of Nigeria, AMCON, has disclosed that it is close to selling Peugeot Automobile Nigeria, PAN, Ltd to Aliko...
AdminMar 27, 20172 min readAMCON hands over Keystone Bank to new investorsFollowing the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new...
AdminMar 21, 20171 min readAMCON finally sells Keystone BankThe Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of one of Nigeria’s commercial banks, Keystone Bank. AMCON...
AdminMar 3, 20172 min readAMCON may sack 1,500 Arik Air staff over low revenueIndications have emerged that no fewer than 1,500 Arik Airline’s staff may be fired this month as part of new management’s cost-saving...
AdminFeb 14, 20171 min readAMCON takes over OAS HelicoptersThe Asset Management Corporation of Nigeria has taken over Odengene Air-Shuttle Services Helicopters in Lagos following a court order....
AdminAug 14, 20162 min readAMCON assets hit N2trn as agency begins takeover of debtor companiesHe also said that the Corporation had the powers, through the enabling Act to trace any asset or assets belonging to debtors and seize...
AdminAug 3, 20161 min readCash crunch: AMCON to lease seized assets to raise fundsAMCON may opt for the real-estate scheme by the end of the year if it’s unable to generate funds for the repayment of its bond payment,...
AdminJul 1, 20162 min readAMCON targeting my accounts by linking me to debtor companies – Wadawada Former Governor of Kogi State, Capt Idris Ichalla Wada on Friday alerted Nigerians to an alleged plot to link him to the ownership...
AdminJun 24, 20161 min readN11bn debt: Ben Bruce’s Silverbird Group reopens after face-off with AMCONThe Assets Management Company of Nigeria, AMCON, took over the company, Thursday, for allegedly owing the government agency about...
AdminJun 23, 20161 min readAMCON N11bn loan: Tough times don’t last, situation is being resolved – Senator Ben BrucThe Assets Management Company of Nigeria, AMCON, on Thursday took over all assets owned by Silverbird Group over a debt of about...
AdminJun 23, 20162 min readAMCON takes over Silverbird TV, Cinemas over N11bn loan [PHOTOS]Silverbird Group is accused of owing the government agency about N11billion. Policemen have barricaded all properties belonging to...
AdminApr 21, 20162 min readSokoto clears AMCON debt, retakes possession of state furniture companyThe state also announced that it has opened discussion with some German and Kenyan investors ready to bring funds to revive the company’s...
AdminFeb 9, 20162 min readAnyiam Osigwe, Iheanacho, Kanu, Kashamu’s firms, others owe AMCON N1.15trnAsset Management Corporation of Nigeria (AMCON) has made public some of the 217 firms with outstanding debts of N1.146trillion. Rangk...
AdminFeb 5, 20161 min readAMCON takes over management of Aero ContractorsDisclosing this in a statement issued on Friday, the majority shareholder and creditor of Aero stated that “An industry-based management...
AdminNov 26, 20152 min readSenate confirms Kuru as MD AMCON, Danbatta as NCC chairmanIt also confirmed the appointments of Kola Adeye, Eberechukwu Fortunate Uneze and Aminu Ismail as Executive Directors of the corporation....
AdminSep 29, 20152 min readLawyer asks court to nullify Buhari’s appointments into FIRS, AMCONAn Abuja based legal practitioner, Mr. Maduakolam Igwe, in a suit yesterday marked FHC/ABJ/CS/770/2015, prayed the court to void the...
