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[JUST IN] Alleged ₦76 Billion Fraud: Court Frees Ex-AMCON MD, Kuru, To Seek Medical Treatment Abroad

Alleged ₦76 Billion Fraud: Court Frees Ex-AMCON MD To Seek Medical Treatment Abroad

The Lagos State High Court sitting in Ikeja has granted the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, permission to...

Nigeria News3 months ago

₦76 Billion Fraud: Court Postpones Trial Of Ex-AMCON MD, Ahmed Kuru

The special offences court in Ikeja, Lagos State, has postponed the trial of the former managing director of the Asset Management Corporation of Nigeria (AMCON), Ahmed...

"I Have Been Briefed On The Senseless Bloodletting In Benue State, Arrest Them" - Tinubu Fumes

Nigeria News5 months ago

Tinubu Nominates Bala Bello As AMCON Chairman, Seeks Senate Confirmation

President Bola Tinubu has officially requested the Senate to confirm Bala Bello as the new Chairman of the Asset Management Corporation of Nigeria (AMCON). The request,...

Strike Looms In Cross River State Over Breakdown In New Minimum Wage Negotiations

Nigeria News6 months ago

Cross River Govt Takes Over Tinapa From AMCON

The Cross River State Government has announced its acquisition of the prominent Tinapa Business Resort, following an agreement reached with the Asset Management Corporation of Nigeria...

Nigeria News6 months ago

Alleged Fraud: Ex-AMCON Boss, Kuru Granted ₦50 Million Bail

The Special Offences Court in Ikeja, Lagos State, granted bail on Tuesday to the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed...

Nigeria News12 months ago

FG May Convert Arik, Aero Contractors To National Carriers

The Asset Management Corporation of Nigeria (AMCON) has announced that it is considering merging two prominent Nigerian airlines, Arik Air and Aero Contractors, and converting them...

Senate Confirms Gbenga Alade As AMCON Boss

Nigeria News1 year ago

Senate Confirms Gbenga Alade As AMCON Boss

The Senate on Tuesday, confirmed the appointment of Gbenga Alade as the Managing Director of Asset Management Corporation of Nigeria (AMCON). The lawmakers also confirmed Adeshola...

Nigeria News1 year ago

President Tinubu Makes 14 New Appointments [Full List]

President Bola Ahmed Tinubu has approved the appointment of new heads for the Nigerian Communications Commission (NCC), Galaxy Backbone and the Nigerian Communications Satellite (NIGCOMSAT) limited....

Nigeria News2 years ago

N135 Billion Debt: Case Against Ifeanyi Ubah Struck Out Days After Joining APC

The Federal High Court sitting in Lagos has dismissed a criminal charge filed by the Asset Management Corporation of Nigeria (AMCON) against Senator Ifeanyi Ubah and...

Nigeria News2 years ago

FHC Denies AMCON Sponsoring Judges To UK

The Chief Registrar of the Federal High Court (FHC), Sulaiman Amida, has responded to allegations that the Asset Management Corporation of Nigeria (AMCON) and the Nigerian...

Nigeria News2 years ago

Nigerian Lawyers Knock AMCON For Allegedly Sponsoring Judges’ Training In UK

Nigerian lawyers have knocked the Asset Management Corporation of Nigeria (AMCON) for allegedly sponsoring some Federal High Court judges for training in the United Kingdom. The...

Just In: Keyamo Grounds Arik Air Fleet Till Further Notice

Nigeria News2 years ago

Arik Air: EFCC Detains AMCON Official Over ₦120 Billion Fraud

The Economic and Financial Crimes Commission (EFCC) has detained the Receiver Manager appointed by the Assets Management Corporation of Nigeria (AMCON) for Arik Nigeria Limited, Kamilu...

Business3 years ago

N1.8bn Debt: AMCON Takes Over Aeroland Travels’ Assets

The assets belonging to Aeroland Travels Limited, and its directors have been taken over by the Asset Management Corporation of Nigeria (AMCON) over indebtedness of ₦1.8bn....

Business4 years ago

AMCON Takes Over IBEDC

The Ibadan Electricity Distribution Company, IBEDC Ltd has been taken over by The Assets Management Corporation of Nigeria, AMCON. Naija News reports that the development is...

Nigeria News4 years ago

EFCC Arrests AMCON MD, Ahmed Kuru

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has reportedly arrested the Managing Director of Assets Management Company of Nigeria (AMCON), Ahmed Kuru. According...

Business4 years ago

Aviation Unions Reject Rebranding Of Arik Air To NG Eagle, Give Reasons

The Association of Nigerian Aviation Professionals (ANAP) and the Federal Airports Authority of Nigeria branch of Nigeria Union of Pensioners (NUP) have kicked against moves to...

Alleged Corruption: Ex-Kwara Gov, Ahmed Speaks On Visit To EFCC

Nigeria News4 years ago

Ex-Kwara Gov. Ahmed Reacts To AMCON’s Takeover Of His Mansion

A former Governor of Kwara State, Abdulfatah Ahmed, has berated the Asset Management Corporation of Nigeria (AMCON) over the takeover of his Ilorin property. Naija News...

Nigeria News4 years ago

FG Takes Over Former Kwara Governor’s Mansion

The Federal Government has taken over a mansion belonging to former Governor of Kwara State, Abdulfatai Ahmed, over an ₦5 billion debt. The spokesman of the...

Nigeria News4 years ago

AMCON Seizes Buhari’s Abuja Properties

The Asset Management Corporation of Nigeria (AMCON) has announced the seizure of properties belonging to Senator Abdulafatai Buhari over a debt of ₦600 million. In a statement...

$2.5bn Fraud: Tinubu Govt Writes UK, Requests Diezani’s Extradition

Nigeria News4 years ago

Diezani: EFCC, AMCON Fight Over Recovered Assets

There is a clash between two federal government agencies – the Economic and Financial Crimes Commission (EFCC) and the Asset Management Corporation of Nigeria (AMCON) –...