The dismissal is contained in a press release issued Friday by the Bank’s management.
Browsing: Asset Management Corporation of Nigeria
Justice Inyang Ekwo, in a ruling, gave the state government until January 11, 2022 to settle the issue with AMCON.
AMCON filed the action against The Hardley Apartments and the Directors: Nwankwo Kanu and Ayoola Gam-Ikon, as defendants
The newly renominated officials are Ahmed Kuru as Managing Director, Eberechukwu Uneze and Aminu Ismail as Executive Directors.
This was contained in a letter to the President of the Senate, Ahmad Lawan, seeking confirmation of the nominees by the Upper Chamber in accordance with Section 10(1) of the AMCON Act, 2010
The announcement of the appointment was contained in a statement by the Company Secretary of Polaris Bank, Babatunde Osibodu, on Saturday
Hon. Justice C. J. Aneke of the Federal High Court, Lagos Division granted an injunction against Cedar Oil & Gas Exploration and Production Limited on the application of AMCON over the debt
The Chief Justice of Nigeria, Justice Ibrahim Muhammad, has said that the justices of the Supreme Court are not repository of knowledge, hence are fallible and always amenable to correction.
Following the challenges encountered from the debt-recovery processes and the very limited results so far, the Committee is expected to consider other options, including taking enforcement measures in actually recovering the debts
The Managing Director/Chief Executive Officer of AMCON, Ahmed Kuru, revealed this on Wednesday at the July 2019 edition of the breakfast meeting organised by the Nigerian-American Chamber of Commerce
A new bank, Polaris Bank Limited, has taken over the assets and liabilities of Skye Bank Plc, which licence was on Friday evening revoked by the Central Bank of Nigeria.
The Managing Director of AMCON, Ahmed Kuru, revealed this on Thursday in Lagos at a two-day retreat on AMCON Act Amendment Bill
He said: “Up to the financial year of 2017, we have recovered a total of N740 billion. Of course, we have a lot of substantial assets that we are holding in terms of real estate and some other forms of assets.
AMCON said the takeover followed an injunction granted by Justice M.S. Hassan of the Federal High Court, Lagos against Sea Petroleum Oil & Gas Ltd.
Kuru is expected to speak on the topic: “AMCON’s Intervention in Transport and Allied Sector, Achievements, Challenges, Prospects,” in the lecture scheduled for April 26, 2018 in Lagos State.
Recently, Awosedo’s estates were put under receivership by a Federal High Court in Lagos at the instance of the Asset Management Corporation of Nigeria, following alleged bank debts
Justice Muslim Hassan gave the order while delivering judgement in a debt recovery suit marked FHC/L/CS/655/2015, filed by AMCON against the company.
Nwauzor said AMCON was not aware of any current discussion or negotiation with the management of Ethiopian Airlines regarding Arik Air Limited.
This represented a growth of 42 per cent when compared with N174.1 billion achieved in the comparative period of 2016 as stated in the bank’s audited half year result
The corporation said this in a statement issued after a meeting with the management of the EFCC on Thursday in Lagos