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Alleged ₦20bn fraud: Court grants ex-AMCON boss bail, convicts co-defendant

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  The Special Offences Court sitting in Ikeja, Lagos, on Tuesday admitted a former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed...

AMCON on track to recover N227b from Arik Air

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  The Asset Management Corporation of Nigeria said it was determined to recover N227 billion debt from Arik Air. Head, Corporate Communications of AMCON, Jude Nwauzor,...

Alleged ₦20bn Fraud: Court fixes Feb 11 to arraign ex-AMCON chair,...

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  The former Managing Director of Asset Management Corporation of Nigeria, (AMCON), Ahmed Kuru is set to be arraigned on February 11, 2025, on another...

N80bn fraud: Court orders former AMCON MD’s arrest

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  The Lagos State Special Offences Court in Ikeja, on Tuesday, issued a bench warrant against the former Managing Director of the Asset Management Corporation...

AMCON says not in dispute with Heyden Petroleum

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  Our attention has been drawn to a publication in the media regarding the pending litigation between the Asset Management Corporation of Nigeria (AMCON)...

Arik Air shareholders blame AMCON for the U.S. flight suspension

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  ● Say mismanagement was cause of loss of major routes, aircraft The shareholders of Arik Air have accused the Asset Management Corporation of Nigeria (AMCON)...

Buhari names new Chairman for AMCON, writes Senate on FIRS nominees

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The Senate on Tuesday received a request from President Muhammad Buhari seeking the confirmation of a newly appointed Chairman for the Asset Management Corporation...

AMCON boss urges National Assembly to make Arik Air national carrier

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 AMCON By Wole Shadare Given the strategic and critical role the aviation sector plays in the development of the economy of any nation, Managing Director/Chief Executive...

FG sets up Inter-Agency Task Force on N5 trillion AMCON debt...

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Professor Yemi Osinbajo The Federal Government has taken another determined step in its bid to recover over N5 Trillion outstanding debts owed the Asset...

N537m debt: Court clears Duke after N350m payment

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Donald Duke A Federal High Court in Lagos on Wednesday cleared a former Cross River State governor Mr Donald Duke of his N537,334,360.77 debt...
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