Talks still ongoing over Pan Ocean’s N240bn debt, AMCON clarifies
By Prince Okafor The Asset Management Corporation of Nigeria, AMCON, has explained that it is yet to finalise an ‘out-of-court settlement’ with the management of Pan Ocean Group, over the latter’s N240 indebtedness. In a statement in Lagos, the Head, Corporate Communications, AMCON, Jude Nwauzor, explained that “Justice A.M. Liman in suit No. FHC/L/CS/722/20 ordered […]
Senate confirms Nami, 13 others as FIRS board members
The Senate on Wednesday confirmed the nomination of Muhammad Nami and 13 others as Executive Chairman and board members of the Federal Inland Revenue Services (FIRS). The confirmation of followed a report of the Committee on Finance and consideration of same at the Senate Committee of the Whole. President Muhammadu Buhari had forwarded […]
Senate to confirm Adamu as AMCON chairman Wednesday next Week
By Henry Umoru Senate on Wednesday began the Confirmation process of Edward Lametek Adamu as the Chairman of the Asset Management Corporation of Nigeria, AMCON. The Senate has Mandated its Senator Uba Sani led Committee on Banking, Finance and Other Financial institutions to as a matter of urgency carry out the screening process, present the […]
Buhari removes Banire, appoints Adamu as AMCON chairman
President Muhammadu Buhari has replaced Muiz Banire with Mr Edward Adamu as Chairman of the Asset Management Corporation of Nigeria (AMCON) Recall that President Buhari, in a similar event, replaced former Federal Inland Revenue Service (FIRS) boss, Tunde Fowler, with Muhammad Nami on Monday. ALSO READ: Vanguard
Buhari appoints Adamu as new AMCON chairman
President Buhari has written to the Senate, seeking for the screening and confirmation of Edward Adamu as Chairman, Asset Management Corporation of Nigeria, AMCON. The letter dated December 9, 2019, reads: “In accordance with Section 10(1) of the Asset Management Corporation of Nigeria (AMCON) Act, 2010, I hereby present Mr. Edward Lametek Adamu for confirmation […]
Land Dispute: Group urges AMCON to wait for Court of Appeal’s judgment
By Gabriel Ewepu – Abuja A group called Peace and Anti-Corruption Advocacy, PAA, Monday, urged the Asset Management Corporation of Nigeria, AMCON, to patiently wait for the Court of Appeal’s judgment in a suit with Assorted Foods. This was contained in a statement signed by the National Coordinator, Osuagwu Ugochukwu, where both parties were advised […]
