Kanu Nwankwo laments takeover of his hotel by Nigerian government, says AMCON disobeying court order
Former Super Eagles captain, Kanu Nwankwo, has called the attention of the general public to the refusal of AMCON to respect court orders...
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Arik Air: AMCON breaks silence over Ethiopian Airlines bid
The Asset Management Corporation (AMCON), on Monday said no negotiation with Ethiopian Airlines to manage the Nigerian carrier, Arik...
AMCON, EFCC to raid banks
Asset Management Corporation of Nigeria (AMCON) and the Economic and Financial Crimes Commission (EFCC) are set to storm banks whose...
AMCON takes over Gateway Portland Cement
Asset Management Corporation of Nigeria (AMCON) has taken over Gateway Portland Cement Limited. This followed an injunction which the...
AMCON to sell Peugeot Automobile to Dangote, Kebbi, Kaduna states
The Asset Management Company of Nigeria, AMCON, has disclosed that it is close to selling Peugeot Automobile Nigeria, PAN, Ltd to Aliko...
AMCON hands over Keystone Bank to new investors
Following the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new...
AMCON finally sells Keystone Bank
The Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of one of Nigeria’s commercial banks, Keystone Bank. AMCON...
AMCON may sack 1,500 Arik Air staff over low revenue
Indications 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...
AMCON takes over OAS Helicopters
The Asset Management Corporation of Nigeria has taken over Odengene Air-Shuttle Services Helicopters in Lagos following a court order....
AMCON assets hit N2trn as agency begins takeover of debtor companies
He also said that the Corporation had the powers, through the enabling Act to trace any asset or assets belonging to debtors and seize...
Cash crunch: AMCON to lease seized assets to raise funds
AMCON 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,...
AMCON targeting my accounts by linking me to debtor companies – Wada
wada Former Governor of Kogi State, Capt Idris Ichalla Wada on Friday alerted Nigerians to an alleged plot to link him to the ownership...
N11bn debt: Ben Bruce’s Silverbird Group reopens after face-off with AMCON
The Assets Management Company of Nigeria, AMCON, took over the company, Thursday, for allegedly owing the government agency about...
AMCON N11bn loan: Tough times don’t last, situation is being resolved – Senator Ben Bruc
The Assets Management Company of Nigeria, AMCON, on Thursday took over all assets owned by Silverbird Group over a debt of about...
AMCON 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...
Sokoto clears AMCON debt, retakes possession of state furniture company
The state also announced that it has opened discussion with some German and Kenyan investors ready to bring funds to revive the company’s...
Anyiam Osigwe, Iheanacho, Kanu, Kashamu’s firms, others owe AMCON N1.15trn
Asset Management Corporation of Nigeria (AMCON) has made public some of the 217 firms with outstanding debts of N1.146trillion. Rangk...
AMCON takes over management of Aero Contractors
Disclosing this in a statement issued on Friday, the majority shareholder and creditor of Aero stated that “An industry-based management...
Senate confirms Kuru as MD AMCON, Danbatta as NCC chairman
It also confirmed the appointments of Kola Adeye, Eberechukwu Fortunate Uneze and Aminu Ismail as Executive Directors of the corporation....
Lawyer asks court to nullify Buhari’s appointments into FIRS, AMCON
An Abuja based legal practitioner, Mr. Maduakolam Igwe, in a suit yesterday marked FHC/ABJ/CS/770/2015, prayed the court to void the...
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