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Jimoh Ibrahim loses AMCON suit over N69.4bn debt

Posted by 1st news
|Date: December 11, 2021
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Jimoh Ibrahim loses AMCON suit over N69.4bn debt

The Court of Appeal, Lagos Division has dismissed an appeal by the Chairman of Global Fleet Group, Mr Jim ...

The Court of Appeal, Lagos Division has dismissed an appeal by the Chairman of Global Fleet Group, Mr Jimoh Ibrahim, challenging the Asset Management Corporation of Nigeria (AMCON)’s seizure of his 12 ...

December 11, 2021
| by 1st news

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EFCC recovers N1.6bn for AMCOM in 4years

Posted by 1st news
|Date: October 13, 2021
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EFCC recovers N1.6bn for AMCOM in 4years

The Assets Management Corporation of Nigeria (AMCON) has stated that it received N1, 667, 582, 605.04 rec ...

The Assets Management Corporation of Nigeria (AMCON) has stated that it received N1, 667, 582, 605.04 recovered funds by the Economic and Financial Crimes Commission (EFCC) between 2017 and July 5, 20 ...

October 13, 2021
| by 1st news

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AMCON confiscates former Kwara Gov’s properties over N5bn

Posted by 1st news
|Date: September 23, 2021
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AMCON confiscates former Kwara Gov’s properties over N5bn

The Asset Management Corporation of Nigeria (AMCON) has confirmed the seizure of several properties belon ...

The Asset Management Corporation of Nigeria (AMCON) has confirmed the seizure of several properties belonging to former Kwara State Governor Abdulfatah Ahmed over indebtedness of nearly N5 billion. Th ...

September 23, 2021
| by 1st news

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AMCON pledges to retrieve N4.4trn debt nationwide

Posted by Mayowa Oladeji
|Date: January 28, 2021
| 0 comments

AMCON pledges to retrieve N4.4trn debt nationwide

The Asset Management Corporation of Nigeria (AMCON) says it is pushing hard to recover the N4.4 trillion ...

The Asset Management Corporation of Nigeria (AMCON) says it is pushing hard to recover the N4.4 trillion debts owed the company in failed financial institutions it took over its liabilities. Mr Jude N ...

January 28, 2021
| by Mayowa Oladeji

| 0 comments

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AMCON deliberates floating new international airline with Arik, Aero

Posted by Mayowa Oladeji
|Date: January 17, 2021
| 0 comments

AMCON deliberates floating new international airline with Arik, Aero

The Asset Management Corporation of Nigeria (AMCON), has reportedly concluded the launching a multibillio ...

The Asset Management Corporation of Nigeria (AMCON), has reportedly concluded the launching a multibillion naira airline; by pooling together its aviation assets especially planes in debt-ridden Arik ...

January 17, 2021
| by Mayowa Oladeji

| 0 comments

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Jimoh Ibrahim: AMCON confiscates mogul’s properties, freezes accounts over N69.4bn debt

Posted by Mayowa Oladeji
|Date: November 18, 2020
| 0 comments

Jimoh Ibrahim: AMCON confiscates mogul’s properties, freezes accounts over N69.4bn debt

The Asset Management Corporation of Nigeria (AMCON) has taken over 12 assets belonging to the Chairman of ...

The Asset Management Corporation of Nigeria (AMCON) has taken over 12 assets belonging to the Chairman of Global Fleet Group, Jimoh Ibrahim, over a N69.4billion debt. This was contained in a statement ...

November 18, 2020
| by Mayowa Oladeji

| 0 comments

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AMCON reveals N4trn CBN debt, blames ‘economic saboteurs’ for situation

Posted by Mayowa Oladeji
|Date: November 09, 2020
| 0 comments

AMCON reveals N4trn CBN debt, blames ‘economic saboteurs’ for situation

The Asset Management Corporation of Nigeria (AMCON) has said it owes the Central Bank of Nigeria more tha ...

The Asset Management Corporation of Nigeria (AMCON) has said it owes the Central Bank of Nigeria more than N4tn. 1st News reports that AMCON was established by the Federal Government in 2010 to buy ba ...

November 09, 2020
| by Mayowa Oladeji

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AMCON and its VIP debtors again – Yakubu Mohammed

Posted by Lilian Osigwe
|Date: September 02, 2020
| 0 comments

AMCON and its VIP debtors again – Yakubu Mohammed

I pity this debt collector. At his wit’s end, this debt chaser, Ahmed Lawal Kuru, managing ...

I pity this debt collector. At his wit’s end, this debt chaser, Ahmed Lawal Kuru, managing director of Asset Management Corporation of Nigeria; AMCON, took his case to Vice-President Yem ...

September 02, 2020
| by Lilian Osigwe

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World Bank predicts Nigeria’s impending recession will be worst in 40 years

Posted by Kingsley Alaribe
|Date: August 29, 2020
| 0 comments

World Bank predicts Nigeria’s impending recession will be worst in 40 years

A new world bank report has painted a very grim picture of the economy today and in the future. According ...

A new world bank report has painted a very grim picture of the economy today and in the future. According to the World Bank, Nigeria is facing “potentially the most severe downturn in four decades…eve ...

August 29, 2020
| by Kingsley Alaribe

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AMCON appeals for Senate’s intervention towards debt recovery

Posted by Mayowa Oladeji
|Date: August 29, 2020
| 0 comments

AMCON appeals for Senate’s intervention towards debt recovery

The management of the Asset Management Corporation of Nigeria (AMCON), on Saturday, August 29, appealed f ...

The management of the Asset Management Corporation of Nigeria (AMCON), on Saturday, August 29, appealed for the intervention of the National Assembly’s intervention in order to recover its debts. This ...

August 29, 2020
| by Mayowa Oladeji

| 0 comments

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