AMCON

AMCON debt recovery c’ttee submits report to FG

An inter-agency committee set up on the recovery of debts owed to the Asset Management Corporation of Nigeria (AMCON) has…

2 years ago

SCIL acquires Polaris Bank for N50bn, to pay N1.3trn in 25 years

The Strategic Capital Investment Limited (SCIL) has paid N50 billion for the acquisition of 100 per cent equity in Polaris…

2 years ago

Debt settlement: AMCON returns shoe company to Imo govt

The Asset Management Corporation of Nigeria (AMCON) has handed over the original title documents of Standard Shoe Company Limited, a…

2 years ago

Fidelity Bank, AMCON take over 4 DisCos over debts

Fidelity Bank has taken over the boards of Kano Electricity Distribution Company (KEDCO, Benin, Benin Electricity Distribution Company (BEDC), and…

2 years ago

AMCON seizes Aeroland’s assets over N1.8bn debt

The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Aeroland Travels Limited and its directors over an…

3 years ago

Court to Arik Air: Pay sacked pilot $126,500 in 30 days

The National Industrial Court has ordered Arik Air to pay Ratovic Miroslav, a former pilot $126,500 in 30 days. The…

3 years ago

N135bn debt: AMCON amends criminal charge against Ifeanyi Ubah

The Asset Management Corporation of Nigeria (AMCON) has amended the criminal charge filed against Senator Ifeanyi Ubah and his company,…

3 years ago

N69bn debt: Jimoh Ibrahim prays court to reject AMCON’s plea

Billionaire businessman, Barr. Jimoh Ibrahim, has urged a Federal High Court sitting in Abuja to strike out a motion filed…

3 years ago

Ayeni takes back Ibadan DisCo from AMCON

Billionaire businessman, Mr. Tunde Ayeni, has taken back the control of the Ibadan Electricity Distribution Company (IBEDC) Limited from the…

3 years ago

N69.4bn debt : Jimoh Ibrahim loses bid to recover assets, bank accounts

Chairman of Global Fleet Group, Jimoh Ibrahim, has lost out in his bid to recover assets and bank accounts in…

3 years ago

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