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Tag: Asset Management Corporation of Nigeria (AMCON)

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Reps Direct CBN To Suspend Sale of Polaris Bank

Reps Direct CBN To Suspend Sale of Polaris Bank The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of...

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NICON: Court Orders Contempt Proceedings In Person Against AMCON MD, BPE DG, Others

A Federal High Court, Abuja, on Friday, ordered committal proceedings against the Managing Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Lawal Kuru, over...

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Alleged N69.4bn Debt: Court Throws Out Order Against Jimoh Ibrahim’s Assets

The Federal High Court, Abuja, on Monday, set aside the interim order through which the Asset Management Corporation of Nigeria (AMCON) seized property belonging...

Headline

N70bn Bad Debt: AMCON Seizes Jimoh Ibrahim’s Accounts, Nicon Luxury, Others

The Asset Management Corporation of Nigeria (AMCON) has taken over some assets belonging to businessman, Jimoh Ibrahim, over a N69.4 billion debt. This follows the...

Business

How BOFIA ACT 2020 Will Strengthen Financial Institutions –Experts

...Eliminate Toxic Assets, Loans By Shakirudeen Bankole Contrary to reservations expressed by some stakeholders against the Banks and Other Financial Institution (BOFIA) Act 2020, academic scholars...

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