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Tag "AMCON"

‘N69.4bn debt’: Court orders stay of contempt proceedings by Jimoh Ibrahim against AMCON

    ‘N69.4bn debt’: Court orders stay of contempt proceedings by Jimoh Ibrahim against AMCON

The court of appeal sitting in Abuja has ordered a stay of contempt proceedings initiated by Jimoh Ibrahim, a Nigerian businessman, against the Asset Management Corporation of Nigeria (AMCON). Okon

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NG Eagle incurs $53.4m loss as NCAA refuses to grant operating licence

    NG Eagle incurs $53.4m loss as NCAA refuses to grant operating licence

The Asset Management Corporation of Nigeria (AMCON) has incurred about $53 million (N22.19 billion) loss as cost implications over uncertainties surrounding the operation of the Nigerian Eagle (NG Eagle). In

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‘N333m debt’: Benue, AMCON sign MoU as court unfreezes state accounts

    ‘N333m debt’: Benue, AMCON sign MoU as court unfreezes state accounts

A federal high court in Abuja has ordered the unfreezing of bank accounts belonging to the Benue state government. Inyang Ekwo, presiding judge, gave the order after the adoption of

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Court threatens to freeze Adamawa salary accounts over N84m debt

    Court threatens to freeze Adamawa salary accounts over N84m debt

A federal high court in Abuja has threatened to freeze the Adamawa government’s salary accounts over the inability of the state to repay N84 million loan obtained in 2015. Inyang

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‘N69bn debt’: Court dismisses Jimoh Ibrahim’s appeal against AMCON

  ‘N69bn debt’: Court dismisses Jimoh Ibrahim’s appeal against AMCON

The court of appeal, Lagos division, has dismissed an appeal by Jimoh Ibrahim, a Nigerian businessman, challenging the seizure of

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Senate panel: Powerful Nigerians frustrating AMCON’s efforts to recover N4.4trn loans

  Senate panel: Powerful Nigerians frustrating AMCON’s efforts to recover N4.4trn loans

The senate committee on banking, insurance and other financial institutions says some prominent Nigerians are frustrating the recovery efforts of

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AMCON’s seizure of my house not necessary, says Abdulfatah Ahmed

  AMCON’s seizure of my house not necessary, says Abdulfatah Ahmed

Abdulfatah Ahmed, a former governor of Kwara state, says the takeover of his house by the Asset Management Corporation of

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N5bn debt: AMCON takes over Abdulfatah Ahmed’s properties

  N5bn debt: AMCON takes over Abdulfatah Ahmed’s properties

The Asset Management Corporation of Nigeria (AMCON) has taken over a mansion and other properties belonging to Abdulfatah Ahmed, former

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‘We’re still in charge’ — AMCON speaks on NICON Insurance, Nigeria Reinsurance take over

  ‘We’re still in charge’ — AMCON speaks on NICON Insurance, Nigeria Reinsurance take over

The Asset Management Corporation of Nigeria (AMCON) says it is still in charge of NICON Insurance Limited and the Nigeria

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