Tag: AMCON
CBN sells Polaris bank to Strategic Capital Investment Limited
The Central Bank of Nigeria (CBN) says it has completed the sales of Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor [...]
Billionaire debtor! How Mike Adenuga deliberately ignores mountain of unpaid bills, evades multiple taxation
Like most wealthy Nigerians who show off a semblance of wealth while owing banks, institutions and companies billions of money in varying currencies, [...]
Tunde Folawiyo seeks injunction against AMCON’s ex parte order, dissociates self from defaulting company
Businessman, Tunde Folawiyo, has filed an exparte motion before a Federal High Court in Lagos seeking an order of stay of execution of an ex-par [...]
Tunde Folawiyo on verge of loosing prized assets to AMCON over N700m debt
Unable to uphold his late father's legacy which was running a debt free business, the scion of the Folawiyo’s dynasty, socialite and businessnan, Tija [...]
Former Kwara governor, Abdulfatah Ahmed reacts to AMCON takeover of Ilorin property
The former governor of Kwara State, Abdulfatah Ahmed has reacted to the video making the rounds on social media depicting the takeover of his Ilor [...]
How Ifeanyi Ubah gave out 23 SUVs to mark 50th birthday despite being AMCON’s biggest debtor
Call him Asset Management Corporation of Nigeria’s biggest debtor and you won’t be totally wrong as controversial businessman and politician, Senator [...]
AMCON denies plans to take over Dangote Refinery
Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote [...]
AMCON finally takes over Jimoh Ibrahim’s NICON Insurance, Nigeria Reinsurance Corporation
The Asset Management Corporation of Nigeria AMCON, says it has taken over the major interests in NICON Insurance Limited and the Nigeria Reinsurance C [...]
N69.4m debt: Jimoh Ibrahim loses bid to vacate order on seized assets
Businessman, Jimoh Ibrahim, on Tuesday, lost a bid to vacate an interim order through which the Asset Management Corporation of Nigeria (AMCON) seized [...]
AMCON seizes Jimoh Ibrahim’s properties, freezes accounts over N69.4bn debt
The Asset Management Corporation of Nigeria has taken over 12 assets belonging to Chairman of Global Fleet Group, Jimoh Ibrahim, and frozen al [...]