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National Assembly to support AMCON’s debt recovery drive

The Chairman of the House of Representatives committee on Banking and Other Ancillary Institutions, Eze Nwachukwu Eze, has assured that given the current economic challenges facing...

PSV 2025 payment system: Stakeholders to discuss digital Infrastructure at FICAN conference

In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions...

N2.4bn Debt: AMCON Takes Over Assets Of Glano Nigeria

Following an order of Justice I. N. Buba of the Federal High Court Lagos Division, the Asset Management Corporation of Nigeria, AMCON, has taken...

Olalekan Akinwumi emerges 14th President of the International Facility Management Association

Olalekan Akinwumi, an Estate Surveyor and Valuer, has been elected as the 14th President of the International Facility Management Association, IFMA, Nigeria Chapter. This was...

Strategic Capital Investment Acquires Polaris Bank

The Central Bank of Nigeria, CBN, and the Asset Management Company of Nigeria, AMCON, have formally announced the completion of a Share Purchase Agreement,...

Sustainable Export Earnings in focus as FICAN holds annual conference 

All is now set for the 2022 edition of the Finance Correspondents Association of Nigeria, FICAN, annual conference in Lagos. A statement issued by the...

FG Sacks Managing Directors of Benin, Kano, Kaduna DisCos

The Nigerian government has taken over three non-performing electricity distribution companies which includes Kano, Kaduna, and Benin DisCos. Based on the statutory responsibilities given to...

Courts’ Conflicting Orders Frustrating Recovery Process – AMCON

The Federal House of Representatives Committee Chairman on Banking and Currency, Victor Nwokolo at the weekend in Lagos disclosed that the National Assembly would...

AMCON takes over Aeroland Travels’ assets over N1.8bn debt

The Asset Management Corporation of Nigeria, AMCON, said it had taken over assets belonging to Aeroland Travels Limited, and its directors over indebtedness of...

Appeal Court orders stay of contempt proceedings against AMCON

The Court of Appeal sitting in Abuja has ruled that all proceedings including the contempt proceedings initiated by Ibrahim and co at the trial...

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