Browsing Tag
AMCON
4 posts
One year after takeover of DisCos, darkness, liquidity crisis persist
All is not well with electricity distribution companies across the country as the state of the five utility firms, which were taken over by the Federal Government, commercial banks and Asset Management Corporation of Nigeria (AMCON) have little to show off one year after.
CBN, AMCON announce sale of Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 percent of the equity in Polaris Bank by Strategic Capital Investment Limited (‘SCIL’).
Polaris Bank appoints new Managing Director
The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the bank’s shareholder, on Friday…
AMCON ‘demolishes’ British governor-generals’ Lagos residence – lawyer
A Federal High Court sitting in Lagos has been told how Assets Management Corporation of Nigeria (AMCON) allegedly…