Asset Management Corporation of Nigeria

The Federal High Court sitting, in Lagos State, has dismissed a case filed by the Asset Management Corporation of Nigeria (AMCON) against Sen. Ifeanyi Ubah and his company, Capital Oil and Gas limited, over an alleged N135 billion…

Ayodele Olalere Polaris Bank, on Friday, through its Management, denied a report the bank had been sold, saying the report was  speculative and targeted at creating panic and urged the public to disregard the news. In a statement by the…

The Asset Management Corporation of Nigeria (AMCON) and billionaire businessman, Mr. Jimoh Ibrahim, are at daggers drawn over the sale of NICON Hotels. The new feud in the NICON Hotels ownership and sale followed an advertorial placed,…

There is a raging battle between Suru Worldwide Ventures Nigeria Limited and Asset Management Corporation of Nigeria (AMCON) over what the firm described as forceful takeover of its multibillion naira property in Lagos and has consequently…

The Senate, on Wednesday, passed the Asset Management Corporation of Nigeria (AMCON) Amendment bill. The passage of the bill followed the consideration of a report by the Committee on Banking, Insurance and Other Financial Institutions.…

The Senate has confirmed Ahmed Kuru as the Managing Director of the Asset Management Corporation of Nigeria (AMCON) for a second term in office. Kuru’s nomination was confirmed after a report was presented by Sen. Uba Sani, chairman of…

Former Chairman of Asset Management Corporation of Nigeria (AMCON) and APC Chieftain in Lagos, Muiz Banire, on Sunday, described the freezing of bank accounts of #EndSARS promoters by the Central Bank of Nigeria as “meddlesome interloper.”…

The Asset Management Corporation of Nigeria (AMCON) has taken over assets of Mr.  Frank Okwudili Ezuma, and his wife, Lilian, who are the chief promoters of Geedee Zulu Investment Limited, over a staggering indebtedness of over N4 billion.…

President Muhammadu Buhari has appointed Edward Adamu as the chairman of the Asset Management Corporation of Nigeria (AMCON). Adamu was until now the deputy governor for corporate services at the Central Bank of Nigeria (CBN). His…

...New chair for AMCON, Edward Adamu, too President Muhammadu Buhari, on Tuesday, requested the Senate to confirm the appointment of Muhammad Mamman Nami from North Central, as the new Executive Chairman of the Federal Inland Revenue…