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BusinessNews

Nigerian lawmakers task AMCON on transparency, accountability

By Chioma Obinagwam Following the change in the Executive leadership of the Asset Management Corporation of Nigeria (AMCON) by President Bola Ahmed Tinubu...

BusinessNews

Aircraft pilots, engineers urge AMCON to intervene in Arik Air

By Chioma Obinagwam   The Asset Management Corporation of Nigeria (AMCON), the leadership of the National Association of Aircraft Pilots and Engineers (NAAPE)...

BusinessNews

Senator-elect, Jimoh Ibrahim loses appeal to recover seized assets from AMCON

By Chioma Obinagwam   The chairman of Global Fleet Group, Barrister Jimoh Ibrahim, has lost the appeal challenging the seizure of 12 of...

BusinessNews

Central Bank of Nigeria clarifies FG’s divestment in Polaris bank

Nigeria’s apex bank, the Central Bank of Nigeria, CBN, has corrected what it described as misleading information concerning the divestment of Federal Government’s...

BusinessNews

AMCON pledges entrepreneurial support to Corps members

By Chioma Obinagwam Nigeria’s debt recovery agency, the Asset Management Corporation of Nigeria (AMCON), has initiated an entrepreneurship and empowerment programme for members...

BusinessNews

AMCON: Pundit recommends national policy on debt recovery

By Chioma Obinagwam The Nigerian government has been challenged to expand the laws that granted the Asset Management Corporation of Nigeria (AMCON) special...

Uncategorized

Rising debts: Dangote may forfeit refinery project to debt recovery agency

Dangote Oil Refinery, which is reputed to be Africa’s biggest oil refinery, may soon run into a deep financial crisis as a result...

BusinessNews

New MD of Fidelity Bank, Onyeali-Ikpe assumes office

The new Managing Director/CEO of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe, whose tenure formally commenced on January 1, 2021 has assumed office, becoming...

BusinessCrimeNews

N4bn debt: AMCON seize assets Of Geedee Zulu Investment

By Chioma Obinagwam Following the order of Honourable Justice M.S. Hassan of the Federal High Court, Lagos division, the Asset Management Corporation of...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

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