Tags : AMCON

Senate Passes AMCON Amendment Bill

The Senate has passed the Asset Management Corporation of Nigeria (AMCON) Amendment bill. The passage of the Bill followed the consideration of a report by the Committee on Banking, Insurance, and Other Financial Institutions. The amendment bill passed by the Chamber empowers the Assets Management Corporation of Nigeria to, amongst others, take possession, manage or […]

Alleged N135bn Fraud: Ifeanyi Ubah For Arraignment

A Federal High Court in Lagos state has fixed Thursday, April 2, 2020 for the arraignment of the Chairman of Capital Oil and Gas Limited, Senator Ifeanyi Patrick Ubah for alleged N135bn fraud. Ubah and his firm, Capital Oil were accused of defrauding the Asset Management Company of Nigeria (AMCON). The oil magnate, who has […]