Asset Management Corporation of Nigeria

AMCON Announced The Sale Of Ibadan DisCo for N100bn

The Nigerian government, through the Asset Management Corporation of Nigeria, AMCON, has announced the sale of the Ibadan Electricity Distribution…

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Ex-AMCON director testifies in court against Union Bank in alleged N76bn, $31.5m fraud

A former Executive Director of Credit at the Asset Management Corporation of Nigeria (AMCON), Abbas Jega, has told a Lagos…

Court orders arrest of ex-AMCON MD, Ahmed Lawal Kuru over alleged N76b fraud

Justice Mojisola Dada of a Lagos Special Offences Court, Ikeja, has ordered the arrest of the former Managing Director of…

AMCON Takes Over Gov. Dapo Abiodun’s Heyden Petroleum Over Alleged Insolvency

Justice Ambrose Lewis-Allagoa of the Federal High Court, Lagos has granted an interim take-over of Heyden Petroleum Limited, a company…

Court freezes accounts of business mogul Alhaji Bawa Garba, ABG over N1.7bn AMCON debt

A Federal High court sitting in Kaduna has granted an order to freeze all bank accounts linked to a Kaduna…