The government also ordered the sale of DisCos that have been taken over by banks and the Assets Management Corporation (AMCON) The post Nigeria govt set to unbundle 11 DisCos appeared first on Premium Times Nigeria. Powered by WPeMatico
Senate confirms Gbenga Alade as AMCON MD, others
The Senate on Tuesday confirmed four persons nominated by President Bola Tinubu as Managing Director and Executive Directors of Asset Management Company of Nigeria, AMCON. The confirmation followed a report by the Chairman of Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Mukhail Abiru Adetokunbo. Abiru said, the nominees were subjected to screening […]
Tinubu appoints Gbenga Alade CEO of AMCON
President Bola Tinubu has approved the appointment of Gbenga Alade as the Managing Director and Chief Executive Officer of Asset Management Corporation of Nigeria, AMCON. Ajuri Ngelale, presidential spokesperson, disclosed this in a statement on Thursday. He equally announced other management team of AMCON. He noted that the appointments were pending confirmation by the Nigerian […]
President Tinubu appoints new AMCON management team
Supreme Court voids AMCON takeover of firm’s landed property
The Supreme Court has affirmed the judgment of the Court of Appeal, Lagos, which nullified the takeover of the landed property of Suru Worldwide Ventures Nigeria Limited by the Asset Management Corporation of Nigeria, AMCON. Justice Emmanuel Agim, in his judgment, dismissed the appeal brought by AMCON and affirmed the lower court’s decision to halt […]