AMCON

Controversial Businessman, Jimoh Ibrahim In Trouble Over N69.4billion Debt Owed Nigerian Government

The Court of Appeal sitting in Abuja has ruled that all proceedings including the contempt proceedings initiated by Nigerian businessman,…

No Hiding Place for Debtors as CBN Amend Rules Giving Commercial Banks Limitless Power to Recover Bad Loans

In a move to ensure the number of non-performing loans in the country is reduced to the barest minimum the…

HOW TUNDE AYENI RECOVERED IBEDC FROM AMCON

Billionaire businessman, Tunde Ayeni, has reclaimed control of the Ibadan Electricity Distribution Company (IBEDC) Limited from the Nigerian Assets Management…

EFCC Grills AMCON MD, Ahmed Kuru, Over Alleged Diversion Of Assets

The Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the managing director of Assets Management Company of Nigeria, (AMCON),…

Exposed: AMCON Lists 7,912 Names Owing N4.4tn As Deadline Expires Today

The Asset Management Corporation of Nigeria is set to publish the names of 7,912 debtors owing it a total of…

N69.4BILLION DEBT: AMCON Seizes Properties, Freezes Accounts Of Jimoh Ibrahim

Business tycoon,Jimoh Ibrahim has landed in AMCON’s net over N69B debt. The information available to us revealed that the Asset…