Tag: AMCON
Reactions: Toke Makinwa reportedly loses Banana Island home to AMCON
Reports making the rounds reveal that popular media personality Toke Makinwa's Banana Island home has been allegedly repossessed by AMCON.
AMCON pulls down historical Lagos home of ex-colonial governor
The Lagos residence of two former British Colonial Governors-General in Nigeria, John Macpherson and Arthur Richards has been pulled down…
Buhari’s critic Buba Galadima loses houses to AMCON over N900m debt
Alhaji Buba Galadima, one of President Muhammadu Buhari's trenchant critics has lost some assets and his company Bedko Nigeria Limited…
Court gives Ifeanyi Ubah new date over N132b AMCON debt
Senator Ifeanyi Ubah and his Capital Oil and Gas Limited will now be arraigned on 2 April over fraudulent value…
Buhari sacks Banire as AMCON Chairman, appoints replacement
President Muhammadu Buhari has sacked Dr. Muiz Banire as Chairman of the Asset Management Corporation of Nigeria, AMCON, and appointed…
AMCON seeks N4.2bn judgement against AL Kahf
Asset Management Corporation of Nigeria, AMCON, has filed an application before a Federal High Court in Lagos, Southwest Nigeria, urging…
Ex-customs staff dragged to court over debt of N176m
A Federal high court in Lagos, Southwest Nigeria has adjourned till 5th of November, 2019 for hearing of debt recovery…
Osinbajo inaugurates inter-agency committee to recover N5trillion AMCON debt
The Federal Government has inaugurated an inter-agency committee to speedily resolve the challenges in recovering over N5 trillion Asset Management…
N1.8bn debt: Court endorses AMCON, Abiola’s terms of settlement
A Federal High Court in Ikoyi, Lagos, Southwest Nigeria has endorsed terms of settlement filed before it by Asset Management…
N537.3m debt: Court orders takeover of Donald Duke’s Ikoyi property
The Federal High Court in Lagos has ordered the takeover an Ikoyi, Lagos property owned by former Governor of Cross…
Zamfara Govt. recovers N282.5m from AMCON – Gov. Matawalle
Gov. Bello Matawalle of Zamfara on Friday received a draft cheque of N282.5 million from the Assets Management Corporation of…
Magu vows to help AMCON recover N5trillion loans
The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has vowed to assist the Asset Management…
Osinbajo directs ‘next steps’ in recovery of N5trn AMCON debts
The Vice-President, Prof. Yemi Osinbajo, has directed that new approaches be adopted in the recovery of debts owed the Assets…
Lagos residents raise alarm over forceful eviction by AMCON
Over three hundred residents/families of Victory Park Estate sitting on about thirty-three Hectares of land located in Osapa London along…
AMCON drags company to court over unpaid N9.3bn debt
In a bid to recover a debt of N9,302,894,097.94, Asset Management Corporation of Nigeria AMCON has dragged a limited liability…
N63m debt : AMCON sets to attach funds in Sunny Ade’s wife account
In a bid to recover a debt of N63,951,292.44, Asset Management Corporation of Nigeria, AMCON has filed an application before…
Senate confirms Banire AMCON Chairman, Shonubi CBN Deputy Governor
The Senate on Wednesday confirmed the appointment of Mr Muiz Banire as Chairman of the Governing Board of the Assets…
Buhari appoints Banire as AMCON Chairman
Nigeria's President, Muhammadu Buhari has appointed former Legal Adviser of the All Progressives Congress, APC, Dr. Muiz Banire, as Chairman…
N5.4trn debt: AMCON to seize assets of debtors
The Assets Management Company of Nigeria (AMCON) has said that there will be no more room for negotiation with obligors…
AMCON drags company, Tony Momoh, others to court over N5.4 billion debt
Asset Management Corporation of Nigeria, AMCON, has filed an application before a Federal High Court in Lagos, urging the court…
N2.2bn debt: Euro Global Foods, AMCON settle out of court
A limited liability company, Euro Global Foods and Distilleries Limited has reached amicable settlement with the Asset Management Corporation of…
N42billion debt: MRS Holdings, AMCON agree to settle out of court
In a bid to settle out of court the debt of N40billion,Asset management Corporation of Nigeria AMCON and MRS Holding…
AMCON recovers N740bn in 2017 – Kuru
Mr Ahmed Kuru, the Managing Director, Asset Management Corporation of Nigeria (AMCON) on Friday said the corporation recovered N740 billion…
AMCON drags Ofa Monarch to court over N11 billion debt
In a bid to recover a debt of N11,280,998,959.78, Asset Management Corporation of Nigeria (AMCON ) has dragged the Olofa…
Court orders company to pay N1.9 billion debt to AMCON
A Federal High Court, Lagos, on Wednesday, ordered a limited liability company, Ziklagsis Network Limited, to pay the admitted debt…
How AMCON intervention saved Arik Air
A former Vice-Chairman of Arik Air, Sen. Anietie Okon, has alleged that the plan by some “powerful” individuals to take…
EFCC Pledges Support to AMCON on Asset Recovery
The Economic and Financial Crimes Commission, EFCC on Thursday pledged its support to Asset Management Corporation of Nigeria AMCON, in…
AMCON takes over Wokson International over indebtedness
The Asset Management Corporation of Nigeria (AMCON) has taken over all the assets of Wokson International Ltd in Asaba and…
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…
Public confidence gradually returning to Arik Air – AMCON
The Asset Management Corporation of Nigeria (AMCON) said public confidence was gradually returning to Nigeria’s largest domestic carrier, Arik Air,…