The Lagos division of the Federal High Court has set aside an order for the Asset Management Corporation of Nigeria (AMCON) to enforce receivership over oil and gas firm General Hydrocarbons.
Justice Akintayo Aluko on Friday ruled that a suit initiated by...
The fourth prosecution witness in the ongoing trial of former AMCON Managing Director, Ahmed Kuru, on Monday continued to give the Special Offences Court in Ikeja, Lagos, ‘fresh insight’ into how the structure and equity of NG Eagle Airlines...
The Economic and Financial Crimes Commission, EFCC, on Friday told the Lagos State Special Offences Court, Ikeja, that Arik Air Ltd was converted into a “cash cow” by Asset Management Corporation of Nigeria, AMCON, appointed Receiver/Managers, leading to massive...
A prosecution witness and former Executive Director of Credits at the Asset Management Corporation of Nigeria, Muhammed Jega, on Wednesday told the Lagos State Special Offences Court, Ikeja, that the facility granted to Arik Air by Union Bank Plc...
A former Executive Director at Asset Management Corporation of Nigeria (AMCON), Mr Abbas Muhammed Jega, on Wednesday, June 4th, appeared at the Special Offences Court in Ikeja, Lagos, to testify in the ongoing case between the Economic and Financial...
Justice Mojisola Dada of the Lagos Special Offences Court, Ikeja, has rejected a document presented by the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of a former Managing Director of the Asset Management Corporation of Nigeria...
Justice Mojisola Dada of the Lagos Special Offences Court has fixed March 19, 2025 for further trial of former Managing Director of Assets Management Cooperation of Nigeria (AMCON), Ahmed Kuru and four others for allegedly defrauding Arik Airline N76...
R-L: Head, Legal Department, Asset Management Corporation of Nigeria (AMCON) Mr. Albert Nwanozie; Acting Company Secretary Mrs Oyinlola Adebayo; Head, Corporate Communications Department Mr. Jude Chiedozie Nwauzor, and Head of Litigations, Mr. Norbert Enenmoh at a media luncheon with...
The Asset Management Corporation of Nigeria said it has recovered over N2.1trn debts despite various challenges it face since inception.
It also stated that AMCON currently has over 2000 cases in court, as some of their debtors do...
Justice Ramon Oshodi of the Lagos State Special Offences Court in Ikeja on Tuesday ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1.00 each, to the Federal Government of Nigeria.
The order...
Former Minister of Communications and Digital Economy, Professor Isa Ali Pantami
Former Minister of Communications and Digital Economy, Professor Isa Ali Pantami, has debunked reports...
The Ogun State Teaching Service Commission (TESCOM) has reassured teachers across the state that the ongoing redistribution of staff in public secondary schools is...
L–R: Commissioner for Housing, Hon. Jamiu Akande Omoniyi, and the Special Adviser on Media, Hon. Kayode Akinmade, during a press conference organised by the...
