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Tag: Asset Management Corporation of Nigeria (AMCON)

Supreme Court strikes out AMCON’s appeal in debt case

News

Supreme Court strikes out AMCON’s appeal in debt case

The ruling was delivered by Justice Uwani Musa Abba Aji, with Justices Ibrahim M. Musa Saulawa...
Supreme Court strikes out AMCON’s appeal in debt case

Business

Tinubu appoints Alade as CEO, three executive directors for AMCON

The President, in a statement issued by his special adviser on media and publicity on Wednesday also approved the appointment…
National Assembly

News

Senators want AMCON scrapped 

The Managing Director of AMCON, Ahmed Kuru, and his management team came before the Senate Committee on Banking, Insurance and…

Business

AMCON seeks court order to seize funds in businessman’s accounts over N435m debt

According to court documents by AMCON, the businessman had obtained the original loan from the defunct Intercontinental Bank.
Nigerian movies: being pirated

Headlines, Nollywood

3 Nollywood producers dragged to court over N435 million unpaid debt

In a bid to recover a debt of N435,480,241.20, the Asset Management Corporation of Nigeria, AMCON, has dragged three movie…
AMCON takes over Ibadan Electricity Distribution Company

News

Again, court restrains AMCON from selling IBEDC

It should be noted that AMCON took over the management of the IBEDC on September 8, 2021, following a Federal…
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