Union Homes sues Oduah over N385m debt Another creditor Union Homes Savings and Loans plc, has come knocking at Senator Stella Oduah’s doors, demanding the repayment of N385 million mortgage debt. The mortgage lender’s lawyer Ken Ahia has filed an application before a Federal high court...

Kuru Advocates Stiffer Regulations to Develop Aviation Sector Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has advocated stiffer regulations to develop the aviation sector and urged agencies that are saddled with the responsibility of regulating the aviation industry and...

AMCON Gets More Powers To Accelerate Recoveries     The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has disclosed that the committee is currently working at amending the Act establishing the Asset Management Corporation of Nigeria (AMCON) to enable...

Poor Valuation Affecting Asset Disposals-AMCON To enable it to dispose several billions of naira worth of assets that are tied down in its book due to inappropriate valuation, strange market forces among other vices, the management of Asset Management Corporation of Nigeria (AMCON) has called...

House Committee On Banking & Currency Pays Surprise Visit To Arik Air The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has commended the present management of Arik Air for the good work they have done in turning...

AMCON Takes Over Osigwe Foods Over Unpaid N5bn Debt Hon. Justice Saliu Saidu of the Federal High Court Lagos Division has granted an injunction against Osigwe Foods and Agro Industrial Company Limited, owned by Chief Anselm Kayode Mohammed on the application of Asset Management Corporation...