Friday, July 17, 2026

Asset Management Corporation of Nigeria

May 19, 2026

Alleged Fraud: No direct benefit traced to ex-AMCON MD, witness says

Mr Kuru and four others are standing trial over alleged fraud valued at N76 billion and $31.5 million.

Ex-AMCON MD, Ahmed Kuru
August 26, 2025

Otti to revitalise Aba Textile Mills, International Equitable Industries, Afro Beverages, Star Paper Mills

Mr Kanu said that the Asset Management Corporation of Nigeria had approved Abia’s plan to take over Star Paper Mills in Aba. 

Otti signing document
March 14, 2025

Some debtors misused loans, now refuse to repay: AMCON

He emphasised that AMCON was owed over four trillion naira.

AMCON
February 18, 2025

Cross River govt takes over Tinapa from AMCON

Governor Bassey Otu disclosed this on Tuesday at a media parley with selected journalists in Calabar.

Tinapa Business Resort & Free Zone
December 8, 2022

Appeal Court reverses Polaris Bank’s sale of Intercontinental Hotel

In a unanimous judgment, three judges of the court ruled that Milan Industries had fully reimbursed the bank for the N2 billion mortgage facility it obtained from Polaris Bank.

Polaris Bank and Intercontinental Hotel, Lagos