Saturday, 13th August 2022
Breaking News:


2 days ago
Imo State Government has received keys to the State Standard Shoe Factory from the Assets Management Company of Nigeria (AMCON).
31 Jul
The Assets Management Company of Nigeria (AMCON), at the weekend handed over the Certificate of Occupancy (C of O) of the Imo Standard Shoe Company Limited..
22 Jul
Barely a month after operators raised the alarm about the imminent collapse of three local carriers, the prediction perhaps has its first casualty in Aero Contractors airline.
22 May
A Lagos Federal High Court, Lagos has discharged ex-parte orders made against Aeroland Travels and other properties belonging to its owner, Mr. Segun Adewale, a chieftain of the Peoples Democratic Party (PDP).
9 May
The Chairman of Suru Group of Companies, Edward Akinlade, has challenged the Asset Management Company of Nigeria (AMCON), over the way it has handled his seized property, Best Western Hostel,
1 Apr
The Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Lawal Kuru, has said that the organisation has made recoveries of over N1 trillion to date.
14 Feb
National Assembly has said the new start-up airline, NGEagle, will not see the light of day until Arik Air offsets an outstanding debt of N10.8 billion.
8 Feb
Justice Inyang Ekwo of the Federal High Court, Abuja has struck out a suit filed by the Asset Management Corporation of Nigeria (AMCON) against a new generation bank and two others.
22 Jan
The assets of Ibadan Electricity Distribution Company (IBEDC) have reportedly been taken over by the Asset Management Corporation of Nigeria (AMCON) for defaulting
28 Dec 2021
The newly inaugurated leadership of the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has pledged to promote strategic partnerships and collaborations with Securities and Exchange Commission...
16 Dec 2021
IN compliance with the decision of the Court of Appeal, Lagos, Chairman, Global Fleet Group, Jimoh Ibrahim, has re-filed his appeal against Asset Management Corporation of Nigeria (AMCON) for seizing his assets and freezing his bank accounts over alleged N69.4 billion debt.
16 Dec 2021
Administrator of the National Judicial Institute (NJI), Justice Salisu Garba Abdullahi, says the judiciary has a critical role to play in the effort to recover the N4.4 trillion outstanding debt currently shouldered by the Asset Management Corporation of Nigeria (AMCON).


23 mins ago
Baby weaning can be tricky, and finding the right food for them takes a lot of careful consideration.  In many Nigerian homes, brown pap is one of the first foods introduced during baby weaning. Depending on the tribe, pap has several names; the Igbo people of southeastern Nigeria call it Akamu, the Yorubas call it…
1 hour ago
Real Madrid coach Carlo Ancelotti on Saturday said he was surprised that German midfielder Toni Kroos did not feature on the list of 30 finalists for the Ballon d'Or.
1 hour ago
Volunteer firefighters have been called up from their day jobs all over France this summer to help battle wildfires.
1 hour ago
One person died and dozens more were injured early Saturday as powerful winds hit a music festival near the Spanish resort of Valencia, causing the stage to partially collapse, medics said.
2 hours ago
Professor Christopher Imumolen, the presidential candidate of the Accord Party, believes that only a candidate who is unaffiliated to a sect can solve the effects vested by terrorism on the Nigerian economy. The effect of terrorist activities such as suicide bombings, kidnappings, destruction of lives, public infrastructure, private and entrepreneurial investments, the climate of fear,…