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AMCON Moves Against Debtors Owing N8.4b, Seizes 72 Luxury Flats

Davidson Iriekpen The Asset Management Corporation of Nigeria (AMCON) friday moved against 12 debtors owing the federal government N8.4billion by seizing their multi-billion naira properties...

Ifeanyi Uba: AMCON Fighting Political War against Capital Oil

• Says action renders 1463 Nigerians jobless Chuks Okocha in Abuja Chairman of Capital Oil and Gas, Senator Ifeanyi Uba yesterday alleged that the Asset Management...

N29bn Debt: AMCON Takes over Omokore’s Oil Company

Peter Uzoho Hon. Justice C.J. Aneke of the Federal High Court, Lagos Division, has granted an injunction against Cedar Oil & Gas Exploration and Production...

AMCON Attributes Frequent Failure of Airlines to High Taxes, Charges

Chinedu Eze The Managing Director and Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has attributed the frequent failure of...

Concerns Mount over Future of Arik Air

•Airline not facing financial crisis, AMCON insists Chinedu Eze Stakeholders in the aviation industry have expressed concern that one of Nigeria’s major airliner, Arik Air, may...

Senate Pledges to Support AMCON’s Debt Recovery Drive

Peter Uzoho The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, yesterday said the National Assembly will join forces with...

AMCON Takes over Ex-minister’s Assets Over N1bn Debt

Nume Ekeghe Following the order of Hon. Justice Chuka Austine Obiozor of the Federal High Court, Lagos, the Asset Management Corporation of Nigeria (AMCON) has...

AMCON Boss Urges Senate to Make Arik National Carrier

Chinedu Eze The Managing Director and Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has urged the 9th Senate...

Supreme Court Justices are Not Above Mistakes, Says CJN

Alex Enumah in Abuja The Chief Justice of Nigeria (CJN), Justice Tanko Muhammad, has stated that the Justices of the Supreme Court are not a...

AMCON Vows to Recover N5trn Debt with Amended Act

Having secured the signing of the Asset Management Corporation of Nigeria (AMCON) (Amendment) Act 2019 into law by President Muhammadu Buhari, Managing Director/Chief Executive...