Thursday, 27th January 2022
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AMCON

20 Aug 2016
The Asset Management Corporation of Nigeria (AMCON) was established to assuage the 2008/2009 global recession by assisting businesses in the country to cushion the shocks from the recession. It became a legal entity on the 19th July 2010, when the President of the Federal Republic of Nigeria signed the AMCON Bill into law. It has…
16 Aug 2016
Workers in the Delta State council of the Nigeria Labour Congress (NLC) have urgued on the government to intervene in the five years salaries and allowances being owed employees by the Delta Steel Company (DSC), Aladja, Delta State.
15 Aug 2016
Even before assuming the reins of power, President Muhammadu Buhari, then candidate of the All Progressives Congress (APC), left no one in doubt during his campaigns that his second coming, just like his days as military head of state would exercise zero tolerance to corrupt practices.
8 Aug 2016
The Asset Management Corporation of Nigeria (AMCON) said it has recovered more than N2 trillion of the N3.7 trillion debts it bought over, representing about 56 per cent settlement rate.
6 Aug 2016
The Asset Management Corporation of Nigeria (AMCON) yesterday restated its commitment to support the country’s economy by helping businesses to grow.Its Managing Director, Mr. Ahmed Kuru, stated this at a media parley in Lagos.
2 Aug 2016
Justice Abdulazeez Anka of the Federal High Court, Lagos, yesterday ordered Union Bank of Nigeria to nominate a chartered accountant within seven days for the purpose of carrying out a forensic audit ...
26 Jul 2016
As a result of the order, AMCON has taken over the properties of the defendants through the third party deed of legal mortgage between Esco Super Stores Limited and Lucky Jerry Esigie and Afribank Nigeria Plc...
18 Jul 2016
Udu community yesterday warned the Federal Government to jettison the planned concession of Iron Ore Mines Company at Itakpe to Global Steel Holdings Limited (GSHL)...
13 Jul 2016
The aggressive debt recovery drive of the Asset Management Corporation of Nigeria (AMCON) will be meeting stiff resistance soon as allegations of harassment and frivolous claims are building up against the agency.
10 Jul 2016
Among the ten Banks, only three – Mainstreet Bank, Keystone Bank and Enterprise Bank – were unable to still meet up and were finally acquired by AMCON and tagged as Bridged Banks.
4 Jul 2016
Shareholders of DN Meyer Plc have approved the company’s plan to raise additional capital of N220 million by way of rights issue.They also endorsed the firm’ arrangement to change its name to Meyer Plc in order to reflect the core ownership of the company.
1 Jul 2016
There is a reason why the rule of law, as opposed to rule of men, is fundamental to the entrenchment of all-round development of a nation. Should men be given the impression ...

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SINGAPORE, 27 January 2022 -/African Media Agency(AMA)/-Bybit, one of the world’s fastest growing cryptocurrency exchanges, has completed the integration of the Arbitrum mainnet. With this integration, Bybit users can now deposit and withdraw Ether (ETH), Tether (USDT) and USD Coin (USDC) on the Arbitrum network from Jan. 27 onwards.  What is Arbitrum?Arbitrum is an Ethereum Layer…