Nigeria’s biggest commercial banks have spent a total of ₦442 billion on the Asset Management Corporation of Nigeria (AMCON) levy in the first half of 2025, representing a 34 percent …
Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …
The trial of the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and four others continued at the Special Offences Court in Ikeja, Lagos, with …
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …
The Asset Management Corporation of Nigeria (AMCON) has introduced a fresh strategy aimed at recovering more than ₦4 trillion in outstanding debts owed by various obligors across Nigeria. This new …
A civil society organisation, the African Initiative Against Abuse of Public Trust, has taken the Asset Management Corporation of Nigeria (AMCON), the Bureau of Public Enterprises (BPE), and the Nigerian …
Archlight Nigeria Limited has denied the claims that it transferred over 50 percent of its equity shares in the Ibadan Electricity Distribution Company (IBEDC) to 86 Gardens Limited. The company …
The Asset Management Corporation of Nigeria (AMCON) has renewed its battle to recover a staggering N455 billion debt allegedly owed by Arik Air, one of Nigeria’s formerly leading domestic carriers. …
Asset Management Corporation of Nigeria’s liabilities stood at N5.72tn as of the end of the first half of 2022. The Financial Markets Department of the Central Bank of Nigeria disclosed …
Polaris Bank has named a new board and management a day after the Central Bank of Nigeria announced the sale of the lender to Strategic Capital Investment Limited. The new board …