The Asset Management Corporation of Nigeria (AMCON) is clamouring for a stimulus from the Nigerian government that will help the aviation sector refind financial balance and...
The Asset Management Corporation of Nigeria (AMCON) on Tuesday took over the residence and company of a Peoples Democratic Party (PDP) chieftain, Buba Galadima, over an...
Petroleum products marketer, 11Plc (formerly known as Mobil Oil Nigeria PLC) on Monday announced its plans to acquire the Victoria Island-based Lagos Continental Hotel through its...
The former Chairman of the Asset Management Corporation of Nigeria (AMCON), Dr. Muiz Banire, said on Thursday he had taken his exit from the Corporation in...
President Muhammadu Buhari on Tuesday forwarded the name of Mr. Edward Adamu as new Chairman of the Asset Management Corporation of Nigeria (AMCON) to the Senate...
The Asset Management Corporation of Nigeria (AMCON) on Monday took over operations of Cedar Oil and Gas Exploration and Production Limited after a Federal High Court...
Ahmed Kuru, the Managing Director and Chief Executive Officer of the Asset Management Company of Nigeria (AMCON) has ascribed the high incidence of airline failure in...
The Nigerian Senate has resolved to work with the Asset Management Corporation of Nigeria (AMCON) to recover the N5 trillion owed the corporation by high profile...
The Asset Management Corporation of Nigeria (AMCON) on Monday revealed that it has taken over two choice properties belonging to a former Supervising Minister for Mines...
Happy Sunday esteem readers, welcome to this week’s Business Roundup. Here are the top highlights of events that happened during the week that you probably missed....
The Asset Management Corporation of Nigeria, (AMCON), an agency acting as a stabilizing tool for the nation’s financial system may soon go into extinction if the...
In a bid to recover its N5 trillion debt, the Asset Management Corporation of Nigeria (AMCON) has solicited the assistance of the judiciary in its quest...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Bureau of Public Procurement (BPP) has been directed to step up moves to recover over...
The Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Professor Itse Sagay, on Thursday revealed that over N1 trillion looted from government treasury has been...
A former Cross River State governor, Mr Donald Duke was on Wednesday cleared of his N537,334,360.77 debts owed Asset Management Corporation of Nigeria (AMCON) by a...
The Federal High Court in Abuja has granted an application by the Asset Management Corporation of Nigeria (AMCON) to take over the assets of the Chairman...
The Economic and Financial Crimes Commission (EFCC) has reiterated the need for a working relationship among government agencies as a tool to help the Asset Management...
Like democracy, business is failing in Africa’s most populated country, Nigeria. This is not ill-stating, neither a taunt to paint the nation in the red before...
The Asset Management Corporation of Nigeria (AMCON) has taken over two companies, Bao Yao Futurlex Iron & Steel Company Limited, Abuja and Bao Yao Huan Jian...
Over three hundred residents and families of Victory Park Estate, Lekki have accused the Asset Management Corporation of Nigeria (AMCON) of wanting to forcefully evict them...
Jurists have advised the Asset Management Corporation of Nigeria (AMCON) to explore the opportunities offered by Alternative Dispute Resolution (ADR) centres in recovering its huge outstanding...
Vice President, Prof. Yemi Osinbajo, has stated that the Federal Government will hence go tough on the institutions and individuals that are indebted to the Asset...
The Acting Chief Justice of Nigeria, CJN, Justice Tanko Muhammad, has said that no humn being, dead or alive can influence judgments of the Supreme Court....
The Economic Adviser of the Atiku Campaign Organisation and former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Mr. Mustapha Chike- Obi, has reiterated...
Workers of Nigerian Braiding Manufacturers (NBM), Kano, established in 1962, have vowed to challenge the attempt by Asset Management Corporation of Nigeria (AMCON) to sell the...
The Minister of Finance, Mrs. Zainab Ahmed, has disclosed that the Asset Management Corporation of Nigeria, AMCON, recovered over N1 trillion from debtors whose loans were...
Aviation stakeholders have reacted to the inability of the federal government to attract investors who are willing to put their money in Arik Air and Aero...
The fate of Arik Air as regards what to do with it has attracted mixed feelings among industry stakeholders. Industry experts though foresee a bleak future...
The Asset Management Corporation of Nigeria (AMCON) has begun a search for new investors to take over Polaris Bank. The corporation, which is already taking stock...
The latest bridged financial institution in Nigeria, Polaris Bank Limited, is ready for sale but the entire process would be on hold for now pending the...
Three investors are in talks with the Asset Management Corporation of Nigeria to acquire Aero Contractor, The PUNCH correspondent has learnt. It was gathered that the...
Former Super Eagles star, Nwankwo Kanu has termed Monday as the saddest day of his life after he claimed that all his medals have been carted...
Keystone Bank Limited has denied allegations that President Muhammadu Buhari has a stake in the bank. The bank, on Tuesday, stated, “The fact of the ownership...
The Asset Management Corporation of Nigeria is preparing to release another list of debtors, an investigation has revealed. The corporation’s Head of Corporate Communications Department, Jude...
The Asset Management Corporation of Nigeria (AMCON), in its recently released list of debtors, has indicted some business men, former and serving political office holders in...
The Asset Management Corporation of Nigeria (AMCON) has said it wants a quick sale of Polaris Bank, the bridge bank appointed to take over all the...
It was on Friday evening and I was just making plans on how best I could maximise the weekend when the news broke that the Central...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has cleared the air on why it changed the defunct Skye Bank’s name to Polaris Bank,...
The Association of Foreign Airlines and Representatives on Monday called on the Federal Government to engage stakeholders in the aviation sector including the domestic airline operators...
President Muhammadu Buhari has appointed Muiz Banire, immediate past legal adviser of the All Progressives Congress (APC) and foremost political rival to Bola Tinubu, the party’s...
By Reuben Abati One of the usual features on Nigerian social media is the nostalgic passion with which Nigerians often distribute pictures of the old Nigeria...
The Asset Management Corporation of Nigeria (AMCON) said it has taken over Sigma Apartments owned by Sigma Engineering & Construction Limited over N1 billion debt. The...
The Asset Management Corporation of Nigeria (AMCON) on Thursday said it was yet to find buyers for the N182 billion assets obtained by the corporation from...
The Asset Management Corporation of Nigeria (AMCON), said that only 350 Nigerians are responsible for more than 80 percent of the N5.4 trillion debt portfolio of...
The Asset Management Corporation of Nigeria (AMCON) has said it would be selling some of its assets like Arik Air, Aero Contractors, Peugeot Automobile Nigeria (PAN)...
The controversies surrounding the loan allegedly taken by former Captain of the Nigeria Super Eagles and promoter of The Hardley Apartments, Nwankwo Kanu, might take a...
The Asset Management Corporation of Nigeria (AMCON) Friday took possession of the asset of Sea Petroleum & Gas Limited and its affiliated companies. The company is...
he Group Managing Director of Suru Worldwide Ventures Nigeria Limited, the owner of Best Western Hotels, Ikeja, Mr. Edward Akinlade, Saturday alleged that the mobile policemen...
The Asset Management Corporation of Nigeria has laughed off the suit instituted by shareholders of Arik Air against the Federal Government and Ethiopian Airlines over purported...
Following reports of an ongoing negotiation process for a possible takeover, Arik Air has filed a N20 billion suit against the Nigerian government and Ethiopian Airlines....
