Tag: AMCON
AMCON takes over Ibadan Electricity Distribution Company
The Assets Management Corporation of Nigeria (AMCON) has assumed control of the Ibadan Electricity Distribution Company (IBEDC) Ltd over insolvency. ...
AMCON lists 7,912 names owing N4.4tn as deadline expires
The Asset Management Corporation of Nigeria is set to publish the names of 7,912 debtors owing it a total of ...
Court threatens to freeze Adamawa salary accounts over N84m debt
A federal high court in Abuja has intimidated to freeze the Adamawa government's salary accounts over the inability of the ...
N69.4bn debt: Jimoh Ibrahim loses bid to recover assets, bank accounts
The Court of Appeal, Lagos Division, has dismissed two appeals by the Chairman of Global Fleet Group, Jimoh Ibrahim, challenging ...
Powerful Nigerians frustrating AMCON’s efforts to recover N4.4trn loans – Senate panel
The senate committee on banking, insurance and other financial institutions has disclosed that some prominent Nigerians are frustrating the recovery ...
AMCON reports 1,000 chronic debtors owing N3.96tn to National Assembly
The Asset Management Corporation of Nigeria said on Friday that it had submitted a list of its top 1,000 debtors ...
President Buhari signs climate change bill into law
Nigeria's President, Muhammadu Buhari has signed the climate change bill into law. This was made known by Garba Shehu, senior ...
Alleged N924.7m debt: Kanu Nwankwo, hotel fined by Lagos court
Kanu Nwankwo, a former captain of the Super Eagles, and his hotel, Hardley Apartment, have been fined N30,000 by a ...
N333m loan: Court unfreezes Benue salary accounts
A federal high court sitting in Abuja has directed that the salary accounts of Benue state be unfrozen, following a ...
N333m loan: Court freezes bank accounts of Benue government
A federal high court in Abuja has issued an interim order freezing bank accounts of the Benue state government over ...
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