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Tag "Asset Management Corporation of Nigeria (AMCON)"

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 its total N4.4 trillion exposure. This was included in a

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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 airline ended officially on December 31, 2020. The captain was

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AMCON freezes Jimoh Ibrahim’s accounts, seizes assets over N69bn debt

    AMCON freezes Jimoh Ibrahim’s accounts, seizes assets over N69bn debt

The Asset Management Corporation of Nigeria (AMCON) says it has seized assets belonging to Jimoh Ibrahim, a Nigerian businessman, over a N69.4 billion debt. Bank accounts belonging to Ibrahim and

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N29bn debt: AMCON takes over company, seven properties linked to Omokore

    N29bn debt: AMCON takes over company, seven properties linked to Omokore

The Asset Management Corporation of Nigeria (AMCON) has taken over a company and seven properties belonging to Olajide Omokore, a business associate of Diezani Alison-Madueke, a former minister of petroleum

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AMCON takes possession of Demola Seriki’s properties over N1bn debt

  AMCON takes possession of Demola Seriki’s properties over N1bn debt

The Asset Management Corporation of Nigeria (AMCON) has taken over some properties belonging to Ademola Seriki, a former minister of

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N537m debt: AMCON gets order to take over Donald Duke’s property, bank accounts

  N537m debt: AMCON gets order to take over Donald Duke’s property, bank accounts

A federal high court sitting in Lagos has empowered the Asset Management Corporation of Nigeria (AMCON) to take over property

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AMCON may dispose of Aero Contractors, Arik Air in 2018

  AMCON may dispose of Aero Contractors, Arik Air in 2018

The Asset Management Corporation of Nigeria (AMCON), says 2018 will be a busy year because it plans to dispose assets

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NSE suspends trading on Paints & Coating Manufacturers shares

  NSE suspends trading on Paints & Coating Manufacturers shares

The Nigerian Stock Exchange has suspended trading on shares belonging to Paints and Coating Manufacturers Plc. According to a circular

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Pay the debts and take back your company, AMCON tells Arik, Aero owners

  Pay the debts and take back your company, AMCON tells Arik, Aero owners

The Asset Management Corporation of Nigeria (AMCON) says it is willing to handover ownership of Arik Air and Aero Contractor

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AMCON takes over Daily Times Plc

  AMCON takes over Daily Times Plc

The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Daily Times Nigeria  Plc, a media establishment.

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