Tuesday, July 21, 2026

Asset Management Corporation of Nigeria (AMCON)

July 8, 2026

Tinubu seeks Senate confirmation of Yuguda as AMCON chairman

Mr Tinubu said that Mr Yuguda’s nomination was necessitated by the exit of the immediate past chairman of the corporation’s board.

Lamido Yuguda and AMCON logo
May 27, 2025
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March 26, 2025

Senate confirms Bala Bello AMCOM part-time chairman

President of the Senate, Godswill Akpabio, thanked the committee members for the screening of the nominees.

Nigerian Senate
November 5, 2024
Dapo Abiodun and Heyden Oil and Gas
February 23, 2024

Tinubu appoints new AMCON management team

The President expects unflagging dedication, professionalism, and dutifulness from the new appointees.

President Bola Tinubu (Credit: Presidency)
April 13, 2023

Femi Otedola takes Transcorp from Elumelu with acquisition of 5.5% stake

Additionally, he held 273,545,722 shares through Heirs Holdings Limited and 293,983,193 shares through HH Capital Limited.

Femi Otedola
February 12, 2023

Court restrains AMCON from selling Ibadan Electricity

This is the second time the court will be restraining AMCON from trying to sell the Ibadan Electricity Distribution Company Plc.

AMCON, IBEDC
November 10, 2022

AMCON debt recovery committee submits report to Osinbajo

The inter-agency committee set up by the federal government on the recovery of debts owed AMCON has submitted its report to Vice President Yemi Osinabjo.

Vice President Yemi Osinabjo and AMCON
March 14, 2022

Court orders Arik to pay sacked pilot $126,500 in 30 days

The pilot claimed that Arik terminated his employment without any prior notice as contained in the letter of appointment.

Arik Airline
January 21, 2022

AMCON seizes Ibadan Electricity from Tunde Ayeni

The takeover includes the assets, shares and interests in related companies and entities, in addition to the monies kept in banks.

Tunde Ayeni, IBEDC, AMCON