The House of Representatives Committee on Banking and Other Ancillary Institutions has called for the creation of a judicial task force specifically dedicated to the trial of cases involving the Asset Management Corporation of Nigeria. This move is intended to…
The Managing Director of the Assets Management Corporation of Nigeria (AMCON), Mr. Gbenga Alade has appealed for the establishment of an AMCON CAC Desk to strengthen collaboration between the agencies. The AMCON MD made this known when he paid a…
The House of Representatives Committee on Banking and Other Ancillary Institutions has charged the Asset Management Corporation of Nigeria (AMCON) to uphold accountability and efficiency in its operations. Speaking, the Committee Chairman, Hon. Eze Nwachukwu Eze on an oversight visit…
The Asset Manage ment Corporation of Nigeria (AMCON) has declared a triple digit growth in its full year financial report for 2023. This was contained in the latest press release issued by Mr. Jude Nwauzor, Head Corporate Communications Department of…
The Asset Management Corporation of Nigeria (AMCON) has filed bankruptcy proceedings before the Federal High Court in Lagos against the Chairman of Milan Industries Limited, Milan Nigeria Ltd and Milan Beverages Ltd, Rajesh Valecha and four other directors of the…
The General Manager, Benue Links Nigeria Ltd., Mr Alexander Fanafa, says Assets Management Company of Nigeria (AMCON) has delisted the transport company from bad debtors list. Fanafa disclosed this in an interview with the newsmen on Saturday in Makurdi. Fanafa…
President Bola Tinubu has approved the appointment of the management team for the Asset Management Corporation of Nigeria (AMCON), pending its confirmation by the Nigerian Senate. This is contained in a statement on Thursday by the Special Adviser to the…
A Federal High Court, Abuja has ordered Sen. Victor Umeh to pay about N136 million to the Asset Management Corporation of Nigeria (AMCON) over his unpaid bank loan. Justice Inyang Ekwo, in a judgment in the suit marked: FHC/ABJ/AMC/12/2022, also…
The Asset Management Corporation of Nigeria (AMCON) has blamed high interest rates, non-collateral interventions as some of the factors hindering the recovery of N4.7trillion debt owed to the corporation. At at an interactive session with the Management of AMCON led…
The management of Aero Contractors, one of the two indigenous airlines under the receivership of Asset Management Corporation of Nigeria (AMCON) has been accused of mismanagement of the airline’s meagre resources. The airline was also accused of non-payment of redundant…
