Compel AMCON to publish information on Nigerian debtors, lawyer prays court
A lawyer, Osita Enwe has asked the Federal High Court, Lagos to compel the Asset Management Corporation of Nigeria (AMCON), its Director General and the head of its legal department to grant the plaintiff access to information on debtors under the non-performing loans.
The recurring issue of unclaimed dividends
Once again, the issue of unclaimed dividends has arisen. This time, the Government wants to create a “Trust Fund” to take over the huge unclaimed dividends sitting with Nigerian Company Registrars
Investment market trembles as Buhari signs BOFIA 2020
With the signing of the Banking and Other Financial Institutions Act (BOFIA) (amendment) Bill 2020, the reality of a tougher regulatory regime is unnerving the banking sector, investigation by The Guardian revealed at the weekend.
Amended BOFIA: The birth of ‘unquestionable’ regulator
The Central Bank of Nigeria (CBN) has been taunted as a super-regulator. This is not only for the autonomy it derives from its enabling law but also because it can bite at will and get away with it.
Wrong time to fly Nigeria Air
The continuing allocation of public funds by the Federal Government for the suspended National Airline Carrier is wasteful and insensitive to the preponderance of public opinion against that project.
Airport concessions - Part 2
The PPS later claimed that his hands were tied politically and nothing happened thereafter mainlybecause the winning concessionaire was busy worldwide telling anyone...
Again, AMCON’s VIP debtors
I pity this debt collector. At his wit’s end, this debt chaser, Ahmed Lawal Kuru, managing director of Asset Management Corporation of Nigeria, AMCON, took his case...
AMCON seeks NASS support in N5 trillion debt recovery
As its debt portfolio continues to rise, the Asset Management Corporation of Nigeria (AMCON) has called on the National Assembly to support its efforts in recovering the debt of over N5 trillion from obligors.