AMCON seizes Glano Nigeria’s assets over N2.4bn debt
Business a.m.
April 18, 2023
By Business A.M. The Asset Management Corporation of Nigeria (AMCON) has taken possession of assets belonging to Glano Nigeria
CBN data show Nigeria’s debt service repayment up 45% to $101m in January
Charles AbuedeMay 11, 2022
BY CHARLES ABUEDE Nigeria’s Central Bank disclosed in new data obtained from its site that the Nigerian government spent $101 million
FCMB posts N212bn 2021 revenue, sees higher digital platform earnings
Charles AbuedeApril 21, 2022
BY CHARLES ABUEDE FCMB Group has said it will leverage its digital platforms for the acquisition of an additional 1.5 million
AMCON takes over Doggi Group Limited’s Asokoro, Katampe Hills, Abuja assets over N440m debt
Businessam StaffJune 18, 2020
The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Doggi Group Limited situated in Asokoro and
AMCON takes over oil firm over N29b debt
BusinessamliveDecember 10, 2019
The Asset Management Corporation of Nigeria (AMCON) on Monday took over Cedar Oil & Gas Exploration and Production Limited over
FG inaugurates panel to recover N5trn AMCON debts
Businessam StaffSeptember 17, 2019
An inter-agency committee to recover the N5trn debts owed the Asset Management Corporation of Nigeria has been inaugurated by the
AMCON intensifies efforts to recover N4.5trn debt
Businessam StaffSeptember 16, 2019
The Asset Management Corporation of Nigeria says it has intensified efforts to recover a debt of N4.5tn. Ahmed Kuru, the managing
N537m debt: Donald Duke settles AMCON, recovers house
Businessam StaffSeptember 11, 2019
The Federal High Court in Lagos has discharged its August 8, 2019 order, which empowered the Asset Management Corporation of Nigeria
FG asks ICPC, EFCC to go after AMCON’s top 20 debtors
Businessam StaffJuly 30, 2019
Vice president Yemi Osinbajo says the federal government has set up a task force to monitor the top 20 debtors on the list of the