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Tag: AMCON
N1.8bn Debt: AMCON Takes Over Aeroland Travels’ Assets
May 10, 2022
The Asset Management Corporation of Nigeria (AMCON) said it had taken over assets belonging to Aeroland Travels Limited, and its directors over indebtedness of N1.8bn. Punch reports that a statement from AMCON spokesperson, Jude Nwauzor, ...
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JUST IN: Billionaire Businessman, Jimoh Ibrahim Loses Bid To Recover Seized Assets
February 16, 2021
The Federal High Court in Lagos, on Tuesday, declined an application by a businessman, Jimoh Ibrahim, seeking to reclaim his properties seized by the Asset Management Corporation of Nigeria over an alleged indebtedness of N69.4bn. ...
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BREAKING: Buhari Appoints New AMCON Chairman
December 10, 2019
President Muhammadu Buhari has named Mr. Edward Adamu as Chairman of the Asset Management Corporation of Nigeria. This was contained in a letter sent to the Senate by the President on Tuesday, Punch reports. Details ...
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