Tag: AMCON
Alleged N69bn debt: Jimoh Ibrahim asks court to reject AMCON’s plea
AMCON had filed a stay of execution of order the court granted Ibrahim over alleged N69 billion debt.
AMCON takes over Ibadan Electricity Distribution Company
The Assets Management Corporation of Nigeria (AMCON) has assumed control of the Ibadan Electricity Distribution Company(IBEDC) Ltd over insolvency.
Court dismisses lbrahim’s appeals challenging AMCON ‘s seizure of his assets
The Court of Appeal sitting in Lagos, Southwest Nigeria on Friday dismissed two appeals filed by the Chairman of Global…
Appeal court to Jimoh Ibrahim: You can’t stop AMCON
The appellate court re-affirmed the November 4, 2020 order of Justice Rilwan Aikawa of the Federal High Court, in Lagos…
AMCON reports 1,000 chronic debtors owing N3.96tn to National Assembly
The Asset Management Corporation of Nigeria, AMCON has said the total current exposure on all eligible bank assets is estimated…
Court throws out AMCON’s suit against Buhari
A Federal High Court in Abuja has thrown out the suit filed by the Asset Management Corporation of Nigeria (AMCON)…
My debt servicing ratio lowest among business moguls – Jimoh Ibrahim
Jimoh Ibrahim, the owner of NICON Insurance and Nigeria Re. has described his debt servicing ratio as the lowest among…
AMCON speaks on Dangote refinery debt
Several online news platforms orchestrated a report that the 650,000 barrels a day Dangote refinery, which is yet to start…
N2.3bn debt: Rotimi Williams‘ son Oladipupo drags AMCON to court
The crisis rocking the estate of the deceased legal luminary, Chief Frederick Rotimi Williams SAN, has taken a new dimension.
Senate moves to recover N16trn AMCON loans
The Senate, Tuesday, considered a critical bill seeking to empower the Asset Management Corporation of Nigeria (AMCON) in the aspect…
N69.4bn debt: Jimoh Ibrahim loses bid to vacate order seizing his assets
A Federal High Court in Lagos, Southwest Nigeria on Tuesday refused to vacate an interim order by which the Asset…
Senate confirms AMCON, NDIC nominees
The Senate on Wednesday confirmed the nominations of Mr. Ahmed Lawan Kuru; and Bello Hassan as Managing Directors of the…
N69.4bn debt: AMCON takes over Jimoh Ibrahim’s assets, freezes accounts
The Asset Management Corporation of Nigeria (AMCON) has taken over 12 prime assets belonging to business mogul, Jimoh Ibrahim over…
AMCON strips Jimoh Ibrahim of prime assets, bank accounts
Twelve prime assets belonging to the Chairman of Global Fleet Group, Jimoh Ibrahim, have been seized by Asset Management Corporation…
You must pay your debt: Dead AIG Simeon Oduoye’s account frozen by AMCON
Six years after his death, a retired Assistant Inspector General of Police and Simeon Olasunkanmi Oduoye, is being asked to…