AMCON

Alleged ₦20bn Fraud: Court Grants Ex-AMCON Boss Bail, Convicts Co-DefendantAlleged ₦20bn Fraud: Court Grants Ex-AMCON Boss Bail, Convicts Co-Defendant

Alleged ₦20bn Fraud: Court Grants Ex-AMCON Boss Bail, Convicts Co-Defendant

The Special Offences Court sitting in Ikeja, Lagos, on Tuesday admitted a former Managing Director of the Asset Management Corporation…

3 months ago
AMCON Not In Dispute With Heyden PetroleumAMCON Not In Dispute With Heyden Petroleum

AMCON Not In Dispute With Heyden Petroleum

AMCON has disclosed that the corporation is not in dispute with Heyden Petroleum.   This was contained in a statement…

6 months ago
We Are Not Recruiting, AMCON Alerts NigeriansWe Are Not Recruiting, AMCON Alerts Nigerians

We Are Not Recruiting, AMCON Alerts Nigerians

AMCON has alerted Nigerians that the corporation is not recruiting.   Glamtush reports that Asset Management Corporation of Nigeria (AMCON)…

6 months ago
Lawmakers Back AMCON To Go After Debtors Irrespective Of Social StatusLawmakers Back AMCON To Go After Debtors Irrespective Of Social Status

Lawmakers Back AMCON To Go After Debtors Irrespective Of Social Status

Lawmakers have backed AMCON to go after debtors irrespective of their social status.   Glamtush reports that the Chairman, House of…

9 months ago
AMCON Declares Impressive 2023 FinancialsAMCON Declares Impressive 2023 Financials

AMCON Declares Impressive 2023 Financials

Despite challenging macroeconomic conditions coupled with economic headwinds, Asset Management Corporation of Nigeria (AMCON) achieved a remarkable triple-digit growth of…

10 months ago
Asset Recovery: EFCC, AMCON Strengthen CollaborationAsset Recovery: EFCC, AMCON Strengthen Collaboration

Asset Recovery: EFCC, AMCON Strengthen Collaboration

EFCC and AMCON have strengthened their collaboration for asset recovery.   Glamtush reports that the Economic and Financial Crimes Commission…

11 months ago
Senate Confirms Gbenga Alade As AMCON MD, Three Others As Executive DirectorsSenate Confirms Gbenga Alade As AMCON MD, Three Others As Executive Directors

Senate Confirms Gbenga Alade As AMCON MD, Three Others As Executive Directors

Senate has confirmed Gbenga Alade as AMCON MD and three others as Executive Directors.   Glamtush reports that the 10th…

1 year ago
Geometric Power Plant Commissioning: Prof. Barth Nnaji Grateful To AMCON, Afrexim, BOI, CBN, OthersGeometric Power Plant Commissioning: Prof. Barth Nnaji Grateful To AMCON, Afrexim, BOI, CBN, Others

Geometric Power Plant Commissioning: Prof. Barth Nnaji Grateful To AMCON, Afrexim, BOI, CBN, Others

History was made today in Aba Abia State when the Vice President of the Federal Republic of Nigeria, Senator Kashim…

1 year ago
N4.7trillion AMCON Debt: Senate May Scale Down Interest Rate AMCON Pays To CBN – Senator AbiruN4.7trillion AMCON Debt: Senate May Scale Down Interest Rate AMCON Pays To CBN – Senator Abiru

N4.7trillion AMCON Debt: Senate May Scale Down Interest Rate AMCON Pays To CBN – Senator Abiru

Senate may scale down interest rate AMCON pays to CBN says Senator Abiru over N4.7trillion AMCON debt.   The Chairman Senate…

1 year ago
AMCON Settling With Ifeanyi Ubah Not Political — Lawyer ExplainsAMCON Settling With Ifeanyi Ubah Not Political — Lawyer Explains

AMCON Settling With Ifeanyi Ubah Not Political — Lawyer Explains

A partner with a law firm, TRLPLAW, Barrister Ifeoma Esom has re-emphasised that there was "no political consideration" in Senator…

2 years ago
Facts Of Indebtedness: Sir Johnson Arumemi-Ikhide/Arik To Asset Management Corporation Of Nigeria – Jude NwauzorFacts Of Indebtedness: Sir Johnson Arumemi-Ikhide/Arik To Asset Management Corporation Of Nigeria – Jude Nwauzor

Facts Of Indebtedness: Sir Johnson Arumemi-Ikhide/Arik To Asset Management Corporation Of Nigeria – Jude Nwauzor

The Asset Management Corporation of Nigeria (“AMCON” or “Corporation) has become aware of a recent newspaper article written by Sir…

2 years ago
AMCON Must Not Allow Arik Air To Die, NAAPE PleadsAMCON Must Not Allow Arik Air To Die, NAAPE Pleads

AMCON Must Not Allow Arik Air To Die, NAAPE Pleads

NAAPE has pleaded with AMCON not to allow Arik Air to die. Glamtush reports that despite the smear campaign previous…

2 years ago

AMCON, NIFU Indispensable Agencies For Nigeria’s Financial System Stability – Justice Tsoho

The Asset Management Corporation of Nigeria (AMCON) and the Nigerian Financial Intelligence Unit (NFIU) have again been described as some…

2 years ago

JUST IN: Arik Air Founder Sir Arumemi Johnson Still Owes AMCON Over N400 Billion 

AMCON has disclosed that Arik Air founder Sir Arumemi Johnson still owes the agency over N400 billion.   Glamtush reports…

2 years ago

Arik Air Denies Allegations Of N120bn Funds Misappropriation, Diversion

Arik Air has denied allegations of N120bn funds misappropriation and diversion.   Glamtush reports that the management of Arik Air Limited…

2 years ago

EFCC Detains Top AMCON Official Over N120bn Fraud In Arik Air

EFCC has detained a top AMCON official over N120bn fraud in Arik Air.   Glamtush reports that the Economic and…

2 years ago

Senator-Elect, Jimoh Ibrahim Loses Appeal To Recover Seized Assets From AMCON, Bank Accounts Remain Frozen Over N69.4 Billion Debt

Senator-Elect, Jimoh Ibrahim has lost the appeal to recover his seized assets from AMCON as his bank accounts remain frozen…

2 years ago

N2.4Billion Debt: AMCON Takes Over Assets Of Glano Nigeria Limited

AMCON has taken over the assets of Glano Nigeria Limited over N2.4 Billion Debt.   Glamtush reports that following an…

2 years ago

AMCON To NDA: Our Recovery Rate Highest Among AMCs Globally 

Executive Director, Asset Management Corporation of Nigeria (AMCON) Dr Eberechukwu Uneze said the fact that AMCON has so far recovered…

2 years ago

Senate Appeals To Judiciary To Comply Fully With Provisions Of AMCON Act 

Senate has appealed to the judiciary to comply fully with provisions of AMCON act.   Glamtush reports that the Chairman…

2 years ago