AMCON

July 8 (THEWILL) — President Bola Tinubu has asked the Senate to confirm the appointment of Lamido Yuguda, the current Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Financial System Stability, as Chairman of the Board...

December 12, (THEWILL) — The Federal High Court in Lagos has set aside the receivership order obtained by the Asset Management Corporation of Nigeria (AMCON) against General Hydrocarbons Limited, dismissing AMCON’s suit in its entirety on the grounds that...

October 19, (THEWILL) — Nigeria’s biggest lenders may be riding high on recapitalisation headlines, but beneath the surface, a silent drain is eroding the very profits that attract investors to the sector. Fresh disclosures from the half-year 2025 financial statements...

July 01, (THEWILL) — The League of Airport and Aviation Correspondents (LAAC) has announced a distinguished lineup of top industry leaders, financial experts, regulators, and policymakers for its 29th Annual Conference, scheduled to be held on Thursday, August...

May 23, (THEWILL) – Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has inaugurated the new Board of Directors of the Asset Management Corporation of Nigeria (AMCON). Chaired by Dr Bala Bello, the Minister charged the...

April 02, (THEWILL) – A new report from the Nigerian Civil Aviation Authority (NCAA) has highlighted a significant improvement in Arik Air’s performance under the receivership of the Asset Management Corporation of Nigeria (AMCON). Despite operational challenges, the...

January 17, (THEWILL) – The Asset Management Corporation of Nigeria has reaffirmed its resolve to recover the N227.64 billion debt owed by Arik Air Limited (in receivership), emphasizing its commitment to optimal recovery from the aviation company and...

December 03, (THEWILL) - The Special Offences Court sitting in Ikeja, Lagos, has issued a bench warrant for the arrest of Ahmed Kuru, a former Managing Director of Assets Management Corporation of Nigeria (AMCON). Justice Mojisola Dada ordered Kuru's arrest...

March 03, (THEWILL)- President Bola Tinubu on February 22, 2024 approved the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON). The four-man team included Gbenga Alade, Managing Director/CEO and three executive directors, namely...

February 22, (THEWILL) - President Bola Tinubu has approved the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON), pending their confirmation by the Nigerian Senate, his spokesman, Ajuri Ngelale said, Thursday. The appointees...