Asset Management Corporation of Nigeria

Dispute Over Arik Air Not Helpful, Airline In Need Of Funds To Survive – Workers

The General Secretary of the National Union of Air Transport Employees (NUATE), Ocheme Aba, urged the Asset Management Corporation of Nigeria (AMCON) and owners of Arik Air to settle their feud. Aba

Fakoyejo Olalekan

1 year ago

Business

AMCON Recovers N307 billion From Gov’t Debtors, To Blacklist Firms

Asset Management Corporation of Nigeria (AMCON) recovered N307 billion from debtors between 2020 and 2021, increasing its recovery rate by 10 per cent growth across various asset classes. According to the inter-agency

Fakoyejo Olalekan

2 years ago

Meet Lawan Auwal, Businessman Who Bought Polaris Bank

Business·Top Stories

Updated: How Nigerian Man Bought Polaris Bank For N1.35 trillion

Nigerian investor, Lawan Auwal Abdullahi, is power behind Strategic Capital Investment Limited (SCIL) that acquired Polaris Bank from government’s debt recovery agency, Asset Management Corporation of Nigeria (AMCON). Prime Business Africa had

Fakoyejo Olalekan

2 years ago

Business

Polaris Bank’s Management Addresses Planned Sale Of Company To Private Investors

Polaris Bank has described reports that the financial institution is set to be sold to a commercial farmer and the Sarkin Sudan of Gombe State, Auwal Lawan Abdullahi, as speculative. In a

Fakoyejo Olalekan

2 years ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

The Central Bank of Nigeria (CBN) is reportedly planning to sell Polaris Bank at the cost of N40 billion to Auwal Lawan Abdullahi, a commercial farmer and the Sarkin Sudan of Gombe

Fakoyejo Olalekan

2 years ago

Business·Latest News

Lawmakers To Summon CBN’s Godwin Emefiele Over AMCON’s N5 trillion Debt

The House of Representatives have decided to summon the heads of Central Bank of Nigeria (CBN), Nigerian Financial Intelligence Unit (NFIU), and Nigeria Deposit Insurance Corporation (NDIC), over their inability to recover

Fakoyejo Olalekan

2 years ago

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Asset Management Corporation of Nigeria

Dispute Over Arik Air Not Helpful, Airline In Need Of Funds To Survive – Workers

AMCON Recovers N307 billion From Gov’t Debtors, To Blacklist Firms

Updated: How Nigerian Man Bought Polaris Bank For N1.35 trillion

Polaris Bank’s Management Addresses Planned Sale Of Company To Private Investors

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

Lawmakers To Summon CBN’s Godwin Emefiele Over AMCON’s N5 trillion Debt

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