N50 Billion Debt: AMCON takes over Jimoh Ibrahim’s firms, freezes accounts
The debts have been subjects of protracted litigation and negotiations.
The debts have been subjects of protracted litigation and negotiations.
The furniture factory, established in 1973, was one of the largest employers of labour in the state before it went ...
AMCON successfully divested its interests in Enterprise Bank Limited and Mainstreet Bank Limited in October 2014.
The former AMCON boss’ running battle with CBN and finance ministry officials repeatedly triggered friction
The president also appointed three executive directors of AMCON.
The committee advises that the plan be implemented within 60 days.
The Asset Management Corporation of Nigeria formally handed over the management of Mainstreet Bank to Skye Bank Plc on December ...
The sale is a landmark transaction in the Nigerian banking sector.
Lawyer says employees ought to have been carried along throughout the bidding process.
The sinking fund was created by AMCON to bail out distressed banks and financial institutions.
Both lawyers are Senior Advocates of Nigeria
AMCON says the process for the sale of Enterprise Bank featured a fierce contest by 24 local and international interested ...
Ms. Ibru challenged the plan to take over Aero Conractors by AMCON. An Abuja Federal High Court on Thursday restrained ...
A Federal High Court in Lagos had on October 9, 2010 sentenced Ms. Ibru to 18 months in prison under ...
AMCON spokesperson, Kayode Lambo, gave the assurance during an interactive session with journalists in Lagos. The Asset Management Company of ...
The documents contain details of the communication between the president and the CBN governor. The suspended Central Bank governor, Sanusi ...
At its first meeting this year, held Monday last week in Abuja, the Central Bank of Nigeria’s rate-setting committee (the ...
The pyrotechnics notwithstanding, the hijinks last week around the fate in office of the governor of the Central Bank of ...
CBN and AMCON sign agreement in Abuja The Asset Management Company of Nigeria, AMCON, would, on Monday, December 30 pay-off ...
The Central Bank released its 2012 report. Nigeria's debt stood at about N7.6 trillion or 18.7 per cent of the Gross ...
Increased regulatory directives by the Central bank also affected the banks. The difficult operating environment in Nigeria’s banking industry has ...
The court said Ogboru was guilty of contempt. A Federal High Court in Lagos on Monday declared that Great Ogboru, ...
The principles are based on leading international sustainable finance standards. Nigerian banks’ adoption and compliance with the Nigerian Sustainable Banking ...
Great Ogboru was accused of using thugs to violate a court directive. The Assets Management Corporation of Nigeria, AMCON, has ...
Keystone, Enterprise and Mainstreet banks, were totally restructured after a CBN audit showed their poor financial standing. The Asset Management ...
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All content is Copyrighted © 2025 The Premium Times, Nigeria