Tag: AMCON
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AMCON sells 34.22% stake in Unity Bank to Providus Bank
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By Kayode Ogundele In a major development signalling further consolidation in Nigeria’s banking sector, the Asset Management Corporation of Nigeria (AMCON) has sold its 34.22 per cent equity stake in…
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CSO Sues AMCON, Others Over Alleged Undervalued Sale of Ibadan Disco for $62m
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A civil society organization, African Initiative Against Abuse of Public Trust, has filed a suit against the Asset Management Corporation of Nigeria (AMCON), the Bureau of Public Enterprises (BPE), the…
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Alleged N76bn fraud: Ex-banker testifies against former AMCON MD, others
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By Ganiyu Mubarak A former employee of Union Bank Nigeria Plc, Peter Omokaro, on Monday testified against the ex-Managing Director of the Asset Management Corporation of Nigeria, Ahmed Kuru, for…
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Alleged N69bn Debt: Court Fixes January for AMCON’s Suit Against NICON Investment, Global Fleet Oil and Gas
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…But we have £125million in Union Bank – Jimoh Ibrahim A Federal High Court, Abuja has fixed January 24, 2022, for a suit filed by the Asset Management Corporation of…
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Assets take over: Jimoh lbrahim, NICON tackle AMCON
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NICON Investment and billionaire businessman, Jimoh lbrahim, are set to approach the court for an order quashing the interim injunction obtained by AMCON against them. AMCON had in a statement…