AMCON Archives - The Glitters Online https://theglittersonline.com.ng/tag/amcon/ A voice for the people Mon, 27 Jul 2026 05:14:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.10 119911796 AMCON Positions NTEL For Strategic Growth As Divestment Process Begins https://theglittersonline.com.ng/amcon-69/ Mon, 27 Jul 2026 05:14:06 +0000 https://theglittersonline.com.ng/?p=365764 AMCON Positions NTEL For Strategic Growth As Divestment Process Begins The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to unlocking the full value of Nigeria’s legacy telecommunications assets, describing the ongoing transformation of NTEL/NATCOM as one of its most promising asset recovery and investment success stories. Managing Director and Chief Executive Officer […]

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]]> 365764 Senate Screens AMCON New Board Chairman, Lamido Yuguda Abubakar https://theglittersonline.com.ng/senate-screens-amcon/ Tue, 21 Jul 2026 18:52:07 +0000 https://theglittersonline.com.ng/?p=365308 Senate Screens AMCON New Board Chairman, Lamido Yuguda Abubakar   The Senate Committee on Banking, Insurance and other Financial Institutions, on Tuesday at the National Assembly Complex, Abuja, screened the former Director-General of the Securities and Exchange Commission (SEC) and current Deputy Governor of the Central Bank of Nigeria (CBN), Mr. Lamido Yuguda, as Chairman […]

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]]> 365308 AMCON Photo News https://theglittersonline.com.ng/amcon-photo-news-3/ Tue, 21 Jul 2026 18:43:04 +0000 https://theglittersonline.com.ng/?p=365302 *AMCON PHOTO NEWS*: *Mr Lamido Yuguda Abubakar*, the new Chairman of the Board of Directors, Asset Management Corporation of Nigeria (AMCON), second right, with the Managing Director/Chief Executive Officer, AMCON, *Mr Gbenga Alade*, flanked by Head, Inter-Governmental Department, AMCON, *Mr Sa’ad Ahmed* (right), and Head, Corporate Communications Department, AMCON, *Mr Jude Chiedozie Nwauzor* (left), after […]

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]]> 365302 Alade, AMCON CEO, Receives 16th African Business Leadership Awards https://theglittersonline.com.ng/alade-amcon/ Mon, 06 Jul 2026 11:56:40 +0000 https://theglittersonline.com.ng/?p=363928 Alade, AMCON CEO, Receives 16th African Business Leadership Awards The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr Gbenga Alade, at the 16th African Business Leadership Awards (ABLA), received the African Business Leadership Special Commendation Award in the United Kingdom (UK). The event, which was held at the iconic Cromwell Committee […]

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]]> 363928 Alleged N76bn, $31.5m Fraud:  Witness Reveals Arik Air Paid 38% Of Foreign Loan To Creditors Before AMCON Takeover https://theglittersonline.com.ng/alleged-n76bn-31-5m-fraud-witness-reveals-arik-air-paid-38-of-foreign-loan-to-creditors-before-amcon-takeover/ Tue, 28 Apr 2026 18:36:24 +0000 https://theglittersonline.com.ng/?p=357915 Alleged N76bn, $31.5m Fraud:  Witness Reveals Arik Air Paid 38% Of Foreign Loan To Creditors Before AMCON Takeover The fourth prosecution witness (PW4), Bawa Usman Kaltungo, in the trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and others over an alleged N76bn ($31.5m) fraud, told Justice Mojisola Dada […]

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]]> 357915 Debt Recovery: New Telegraph Awards Ceremony To Honour AMCON For Stellar Performance https://theglittersonline.com.ng/amcon-68/ Fri, 16 Jan 2026 15:04:56 +0000 https://theglittersonline.com.ng/?p=349348 Debt Recovery: New Telegraph Awards Ceremony To Honour AMCON For Stellar Performance   The management of the Daily Telegraph Publishing Company Limited, publishers of New Telegraph, Saturday Telegraph, and Sunday Telegraph newspapers, has nominated the Asset Management Corporation of Nigeria (AMCON) as one of the recipients of the New Telegraph Awards for its stellar performance in debt recovery. A […]

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]]> 349348 EBA Purchase: AMCON Repays N3.6 trillion To CBN Till Date https://theglittersonline.com.ng/eba-purchase-amcon-repays-n3-6-trillion-to-cbn-till-date/ Wed, 03 Dec 2025 18:38:17 +0000 https://theglittersonline.com.ng/?p=345794 EBA Purchase: AMCON Repays N3.6 trillion To CBN Till Date

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]]> 345794 Trial Of EFCC vs Union Bank, Ex-AMCON CEO, Others To Continue December 8 https://theglittersonline.com.ng/trial-of-efcc-vs-union-bank-ex-amcon-ceo-others-to-continue-december-8/ Sat, 29 Nov 2025 05:48:34 +0000 https://theglittersonline.com.ng/?p=345425 Also in court on Friday were the defence counsels, including Prof. Taiwo Osipitan, SAN – (1st & 3rd defendants), Mr Olasupo Shasore, SAN

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]]> 345425 Jega, EFCC Witness Admits Arik Had Bad Loan Of Over N71billion Before AMCON Intervention https://theglittersonline.com.ng/amcon-67/ Thu, 16 Oct 2025 11:47:36 +0000 https://theglittersonline.com.ng/?p=341787 Jega, EFCC Witness Admits Arik Had Bad Loan Of Over N71billion Before AMCON Intervention In what appears to be a total U-turn in his testimony at the resumed proceedings of the ongoing criminal trial between the Economic and Financial Crimes Commission (EFCC) vs the ex-AMCON MD/CEO, Ahmed Kuru, Kamilu Omokide, a former receiver manager of […]

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]]> 341787 AMCON offloads Fidelity Bank’s shares, representing 2.29% outstanding https://theglittersonline.com.ng/amcon-offloads-fidelity/ Sat, 19 Jul 2025 19:22:15 +0000 https://theglittersonline.com.ng/?p=334280 AMCON offloads Fidelity Bank’s shares, representing 2.29% outstanding   Though insignificant, Asset Management Company of Nigeria, AMCON, may have offloaded about 2.29% (1.151bn units ) of the total outstanding shares of Fidelity Bank Plc. The outstanding shares of Fidelity Bank stood at 50.212 bn, with a market capitalisation of N1.046 trillion. Meanwhile, the total number […]

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