AMCON

President Bola Tinubu has approved the appointment of Mr. Gbenga Alade as Chief Executive Officer of the Asset Management Corporation of Nigeria (AMCON). A statement signed by Special Adviser to the President on Media and Publicity,…
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The House of Representatives Ad hoc Committee investigating employment racketeering in MDAs on Thursday issued warrant of arrest on Mr. Haruna Kolo, a former staff of Federal Characters Commission (FCC) and IPPIS desk officer. Kolo who…
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The Asset Management Corporation of Nigeria (AMCON) says it has taken possession of assets belonging to Glano Nigeria Limited over an indebtedness valued at N2.4 billion. In a statement on Monday, Jude Nwauzor, head of corporate…
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...As Reps Back Acquisition By SCIL Central Bank of Nigeria (CBN) and Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in…
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I met her two or three times, I think, but every time we saw, she was either on the phone with her father, or his call came-in while we were discussing. I first met Fareeda at the Maitama office of the Asset Management Corporation of…
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Assets Management Corporation of Nigeria (AMCON) has taken-over  the Ibadan Electricity Distribution Company(IBEDC). The take-over of the Disco by the AMCON was announced to the workers by the electricity distribution company  Chief…
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The Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the Managing Director of Assets Management Company of Nigeria,(AMCON) Mr. Ahmed Kuru. Kuru was quizzed in connection to alleged diversion of assets. It was also…
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Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Sen. Uba Sani, has decried that prominent Nigerians were “frustrating” the effort of the Asset Management Corporation of Nigeria (AMCON) at recovering the…
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The Assets Management Corporation of Nigeria (AMCON) says it has received N1, 667, 582, 605.04 recovered funds by the Economic and Financial Crimes Commission (EFCC) between 2017 and July 5, 2021. This was contained in a letter presented…
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The immediate past Governor of Kwara State, Alhaji Abdulfatah Ahmed, says the reported take over of his Ilorin property by a lawyer purporting to represent AMCON was unnecessary and overzealous due to ongoing talks to resolve previous…
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