BREAKING: AMCON Takes Over IBEDC, Gives Reason

The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company(IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John Ayodele disclosed this in a memo to members…

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Alleged N600M Debt: An Attempt To Blackmailed Sen. Buhari – Abadat MD Breaks Silence

Henry Okosun, Managing director of Abadat Ventures, the company belonging to Dr. AbdulFatai Buhari, senator representing Oyo North senatorial district, has reacted to the reported seizure of some of his Abuja properties by…

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Court Orders AMCON To Seize Assets Belonging To Buhari Over N600m Debt

The Asset Management Corporation of Nigeria says it has taken over assets belonging to Oyo North lawmaker, Senator Abdulfatai Buhari, over a N600m debt taken by his company, Abadat Ventures Limited. AMCON said…

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