AMCON

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 month ago

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…

2 months ago

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…

5 months ago

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…

7 months ago

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…

7 months ago

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…

8 months 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…

9 months 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…

11 months 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…

11 months 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…

11 months 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…

11 months 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…

1 year 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…

1 year 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…

1 year ago

Polaris Bank Announces A New Core Investor

Polaris Bank has announced a new core investor.   Glamtush reports that Polaris Bank is pleased to announce that it…

2 years ago

PHOTO NEWS: 5th Meeting Of Inter-Agency Committee On Recovery Of AMCON Debts

The 5th meeting of the inter-agency committee on recovery of AMCON debts was held recently at the AMCON Head Office…

2 years ago

AMCON, Imo State Government Resolve Standard Shoe Company Limited Huge Debt

AMCON and Imo State Government have resolved Standard Shoe Company Limited's huge debt. As part of its strategy to partner,…

2 years ago

AMCON MD Commiserates With Justice Monica Dongban-Mensem

AMCON MD has commiserated with Justice Monica Dongban-Mensem. Glamtush reports that the Managing Director/Chief Executive Officer of Asset Management Corporation…

2 years ago

IBEDC Remains Under AMCON Appointed Receivership

The Receiver Manager appointed by Asset Management Corporation of Nigeria (AMCON) has called on the public to disregard a press…

2 years ago

Senate Appeals For More Support On AMCON Recovery Drive

Senate has appealed for more support on AMCON recovery drive. Glamtush reports that the Chairman Senate Committee on Banking, Insurance…

2 years ago