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Tag "Asset Management Corporation of Nigeria (AMCON)"

‘We’ve been operating daily’ — Aero Contractors denies planning to shut down operations

    ‘We’ve been operating daily’ — Aero Contractors denies planning to shut down operations

Aero Contractors, Nigeria’s oldest airline, says it is not planning to shut down operations, clarifying a report on the state of the airline. There were reports that the airline was

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AMCON to publish names of 7,912 debtors as deadline expires

    AMCON to publish names of 7,912 debtors as deadline expires

The Asset Management Corporation of Nigeria (AMCON) says it will publish the names of 7,912 debtors owing a total of N4.4 trillion. Last year, the corporation had issued a 30-day

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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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‘We need to pay salaries’ — Benue asks court to unfreeze its bank accounts

    ‘We need to pay salaries’ — Benue asks court to unfreeze its bank accounts

The Benue state government has appealed to a federal high court in Abuja to unfreeze all its bank accounts. TheCable had reported that the court issued an interim order authorising

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N5trn AMCON debt: Police to support recovery drive, says IGP

  N5trn AMCON debt: Police to support recovery drive, says IGP

Usman Alkali Baba, Inspector-General of Police (IGP), says the Asset Management Corporation of Nigeria (AMCON) needs the collaboration of all

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AMCON: We’ve recovered N1.48trn from bank debtors

  AMCON: We’ve recovered N1.48trn from bank debtors

The Asset Management Corporation of Nigeria (AMCON) says it has recovered N1.48 trillion out of the N4.158 trillion from bank

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‘N600m debt’: AMCON takes over Oyo senator’s properties in Abuja

  ‘N600m debt’: AMCON takes over Oyo senator’s properties in Abuja

The Asset Management Corporation of Nigeria (AMCON) says it has seized assets belonging to Abdulfatai Buhari, a senator from Oyo

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AMCON seizes Inducon Nigeria Limited’s assets over N1.3bn debt

  AMCON seizes Inducon Nigeria Limited’s assets over N1.3bn debt

The Asset Management Corporation of Nigeria (AMCON) has taken over an asset belonging to John Warimeme Abebe, the chief promoter

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AMCON: 350 debtors holding on to N3.6 trillion

  AMCON: 350 debtors holding on to N3.6 trillion

The Asset Management Corporation of Nigeria (AMCON) says 350 obligors are holding on to debts worth N3.6 trillion out of

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Ado Sanusi steps down as Aero Contractors MD

  Ado Sanusi steps down as Aero Contractors MD

Ado Sanusi has stepped down as the managing director of the Aero Contractors. Sanusi’s tenure as managing director of the

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