The Central Bank of Nigeria has announced the completion of the sale of Polaris Bank. The was contained in a statement by …
AMCON
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BankingNews
Heritage Bank appoints George-Taylor CEO as Sekibo bows out
by Salami Azeezby Salami AzeezHeritage Bank has appointed Akinola George-Taylor as its acting managing director/chief executive officer.The bank also announced the appointments of two executive directors, …
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Business
N69.4BILLION DEBT: APPEAL COURT DISMISSES JIMOH IBRAHIM’S CONTEMPT PROCEEDINGS AGAINST AMCON
by Salami Azeezby Salami AzeezThe Court of Appeal sitting in Abuja in Appeal No. CA/ABJ/CV/269/2022 in the case between the Asset Management Corporation of Nigeria (AMCON) vs Barrister Jimoh Ibrahim has ruled that all proceedings including …
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There was controversy on Wednesday over the invitation of the Managing Director of the Assets Management Company of Nigeria, Mr. Ahmed Kuru, …
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BankingNews
AMCON To Publish Over 7,000 Names Owing N4.4trillion As Deadline Expires
by Salami Azeezby Salami AzeezThe Asset Management Corporation of Nigeria is set to publish the names of 7,912 debtors owing it a total of N4.4trillion after …
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BusinessPolitics
N69.4BN DEBT: JIMOH IBRAHIM LOSES APPEAL AGAINST ASSET MANAGEMENT AGENCY, AMCON TO RECOVER SEIZED ASSETS
by adminby adminThe Court of Appeal, Lagos Division has dismissed an appeal by the Chairman of Global Fleet Group, Jimoh Ibrahim, challenging the Asset …
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Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by …
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Assets Management Corporation of Nigeria (AMCON) on Monday in a federal High Court sitting in Abuja gave an undertaking not take any …
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News
AMCON takes over Jimoh Ibrahim’s insurance companies over N69bn debt
by Salami Azeezby Salami AzeezAsset Management Corporation of Nigerian (AMCON) on Tuesday announced it has taken over Nicon Insurance Limited and Nigeria Reinsurance Corporation (Nigeria Re). …