Tag: AMCON

The Amukpe–Escravos Pipeline is a key crude evacuation route linking inland production to export terminals

The latest testimony adds to a string of contentious claims emerging from the trial over AMCON’s 2017 takeover of Arik ...

The defunct Skye Bank Plc (now Polaris Bank Plc) had advanced a credit facility to Milan Industries Limited for the ...

Justice Aluko said the receiver and his lawyer intentionally suppressed facts in the course of obtaining the interim orders, adding ...

The judge said Mr Opasanya’s appointment by a purported receiver assigned by AMCON violated an existing court order restraining the ...

Two Senior Advocates of Nigeria (SANs), Abiodun Layonu and Oluseye Opasanya, each claimed authority to represent the company.

At Wednesday’s hearing, the court is expected to determine whether the actions of the named AMCON officials and lawyers amount ...

General Hydrocarbons says it has served five AMCON officials Form 48 Notice while the agency's lawyers are being reported to ...

General Hydrocarbons said AMCON enforced the receivership despite a subsisting court order issued by Justice Lewis Allagoa in Suit No: ...

It’s a mark of inequality along the socio-economic divide in Nigeria’s criminal justice system.

According to court documents obtained by PREMIUM TIMES, the debt in question was incurred by Atlantic Energy Drilling Concept to ...

Following the court's order, the Bailiffs acted on a writ of possession issued by the court on 15 August and ...

Mr Fagbemi said the Tinubu administration is determined to fight corruption to a standstill to enhance development of infrastructure

The case is the latest instance of abrupt termination of high-profile corruption cases by the office of the Attorney-General of ...

Though the nature of his illness was not disclosed, his lawyer, Oyinkan Badejo-Okusanya, described the medical situation as requiring “extreme ...

In June 2016, the court appointed a receiver, M.A. Banire, to take over the companies' assets on AMCON’s behalf.

Abbas Jega alleged that Union Bank fraudulently sold performing loans to AMCON as non-performing loans.

The court forbids all banks from dealing in all monies and assets belonging to Mr Obaigbena and General Hydrocarbons Limited.

One would have thought that Mr Gbenga Alade, the new MD of AMCON, would use the findings offered by the ...

In as much as the current Executive Management of the Asset Management Corporation of Nigeria (“AMCON” or “Corporation) has taken ...

The document noted that the incumbent managing director of Aero Contractors, Ado Sanusi, recently stated that the company scaled back ...

The Chief Judge urged judges and staff to rededicate themselves to improving efficiency in the new legal year.

AMCON is asking the legislators to mediate in getting debtors to pay up after a refusal by many obligors to ...

“Given this latest development, AMCON has formally discontinued its pending litigation against Heyden Petroleum Limited, particularly Suit No. FHC/AMC/67/2024”

"AMCON is a responsible agency of the Federal Government of Nigeria that carries out its operations within the ambit of ...