AMCON
AMCON Offloads 34% Unity Bank Stake To Providus Bank Ahead Merger
The Asset Management Corporation of Nigeria (AMCON) has sold its 34 per cent equity stake in Unity Bank Plc to Providus Bank, marking...
Air Peace, Arik Air Dominate Nigeria’s Domestic Air Travel in 2024
Air Peace and Arik Air have emerged as the dominant forces in Nigeria’s domestic air travel sector, collectively accounting for a substantial portion...
Federal High Court Launches Specialized Insolvency Unit for Enhanced Efficiency
The Federal High Court, under the leadership of Chief Judge John Tsoho, has inaugurated a specialized Insolvency Unit, in a significant move aimed...
AMCON Recovers Over N2 Trillion, Battles Debtors Owing Nearly N5 Trillion
The Asset Management Corporation of Nigeria (AMCON) has announced a significant milestone in its debt recovery efforts, having recouped over N2.1 trillion since...
Court Schedules January 20 for Arraignment of Ex-AMCON MD, Ahmed Kuru, Over N76bn Fraud Allegation
An Ikeja Special Offences Court has set January 20, 2025, for the arraignment of Ahmed Kuru, the former managing director of the Asset...
Tinubu Appoints New MD/CEO, Executive Directors for AMCON
President Bola Tinubu has given his approval for the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON),...
CBN, AMCON announce sale of Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement...
AMCON confiscates house of former Kwara governor Abdulfatah Ahmed
The Asset Management Corporation of Nigeria (AMCON), on Wednesday, took possession of the house of Abdulfatah Ahmed, the former governor of Kwara State...
Buhari picks Edward Adamu to head AMCON
President Muhammadu Buhari has named Edward Adamu as the new Chairman of the Asset Management Corporation of Nigeria (AMCON). Okay.ng understands that the...