Sealing Up Suspects’ Properties While Cases Were Still Pending in Courts Does the Public No Good- Falana
Femi Falana A Senior Advocate of Nigeria (SAN), Mr Femi Falana, on Sunday advised the Economic and Financial Crimes Commission (EFCC) to stop sealing up assets belonging…
N800bn Subsidy Debts: Pay Your Outstanding Debts or We Cease Operations – Oil Marketers Urge FG
Oil marketers have given the Federal Government seven-days ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country. The marketers, comprising Major…
Why CBN revoked Skye Bank’s licence, names Polaris Bank as bridge bank
The Central Bank of Nigeria (CBN), on Friday, revoked the operating licence of Skye Bank Plc with immediate effect. The CBN Governor, Mr Godwin Emefiele, disclosed this during a news…
How FG can eradicate corporate debtors, by Zinox boss, Ekeh
Africa’s leading technology entrepreneur, Leo Stan Ekeh, has charged the Federal Government to leverage technology in reducing to the barest minimum the growing incidences of corporate debts and usher in…
N5.4trn debt: AMCON to seize assets of debtors
The Assets Management Company of Nigeria (AMCON) has said that there will be no more room for negotiation with obligors as the company is now set for a new stage…
UBA, others pay N155.45bn into AMCON sinking fund in 3 years, shareholders kick
Six Commercial banks have made payments totaling N155.45 billion into the sinking fund of Asset Management Corporation of Nigeria (AMCON) within three years, the News Agency of Nigeria (NAN), reports….
N20bn debt: AMCON takes over Senator Oduah’s assets
The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to Sen. Stella Oduah-Ogiemwonyi over an unpaid debt of about…