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Senate Passes Amended AMCON Bill, Empowers Agency to Seize Debtors' Assets

By Deji Elumoye and Udora Orizu
The Senate Wednesday passed the Asset Management Corporation of Nigeria Amendment bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions.
The amendment bill passed by the upper chamber empowers the Assets Management Corporation of Nigeria to, among others, take possession, manage or sell all properties traced to debtors, whether or not such assets or property is used as security/collateral for obtaining the loan in particular.
It also empowers the corporation to access the Special Tribunal established by the BOFIA, 2020 for dealing with financial related matters.
Presenting the report, Chairman of the Committee, Senator Uba Sani (APC, Kaduna Central) said the Committee engaged with stakeholders such as AMCON, Federal Ministry of Finance, Budget and National Planning; Central Bank of Nigeria; and Nigeria Deposit Insurance Corporation (NDIC). ....

Udora Orizu , Adamu Aliero , Ahmad Lawan , Chukwuka Utazi , Deji Elumoye , Bassey Akpan , Bassey Albert Akpan , Bala Ibn Naallah , George Thompson Sekibo , Nigeria Deposit Insurance Corporation , Central Bank , National Planning , Senate Rule , Assets Management Corporation Of Nigeria , Asset Management Corporation Of Nigeria Amendment , Committee On Banking , Senate Wednesday , Asset Management Corporation , Nigeria Amendment , Assets Management Corporation , Special Tribunal , Senator Uba Sani , Kaduna Central , Federal Ministry , Deputy President , Senator Ovie Omo Agege ,

Breaking News | 2023: I have no anointed governorship candidate – Akpabio

Breaking News | 2023: I have no anointed governorship candidate – Akpabio
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

Niger Delta , Nigeria General , Akwa Ibom State , Akwa Ibom , Ikot Ekpene , Chioma Onuegbu , Godswill Akpabio , Udom Emmanuel , Obong Victor Attah , Akwa Ibom Democratic Forum , Progressive Congress , Niger Delta Affairs , Senator Godswill Akpabio , All Progressive Congress , Uyo Senatorial District , Akwa Ibom North East , Akwa Ibom North West , நைஜர் டெல்டா , நைஜீரியா ஜநரல் , அகவ இபோம் நிலை , அகவ இபோம் , ஓபொங் வெற்றியாளர் அட்டா , அகவ இபோம் ஜனநாயக மன்றம் , ப்ரோக்ரெஸிவ் காங்கிரஸ் , நைஜர் டெல்டா வாழ்க்கைத்தொழில்கள் , அனைத்தும் ப்ரோக்ரெஸிவ் காங்கிரஸ் ,

2023: I have no anointed governorship candidate

2023: I have no anointed governorship candidate
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

Niger Delta , Nigeria General , Akwa Ibom State , Akwa Ibom , Ikot Ekpene , Chioma Onuegbu , Godswill Akpabio , Udom Emmanuel , Obong Victor Attah , Akwa Ibom Democratic Forum , Progressive Congress , Niger Delta Affairs , Kindly Share This Story , Senator Godswill Akpabio , All Progressive Congress , Uyo Senatorial District , Akwa Ibom North East , Akwa Ibom North West , Share This Story , நைஜர் டெல்டா , நைஜீரியா ஜநரல் , அகவ இபோம் நிலை , அகவ இபோம் , ஓபொங் வெற்றியாளர் அட்டா , அகவ இபோம் ஜனநாயக மன்றம் , ப்ரோக்ரெஸிவ் காங்கிரஸ் ,

Akwa-Ibom senators withdraw petition challenging Buhari's nomination of Yuguda as SEC DG

Akwa-Ibom senators withdraw petition challenging Buhari's nomination of Yuguda as SEC DG
peoplesdailyng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peoplesdailyng.com Daily Mail and Mail on Sunday newspapers.

Akwa Ibom State , Akwa Ibom , Christopher Ekpenyong , Musa Baba Adamu , Akon Eyakenyi , Ayo Akinyelure , Ahmad Lawan , Sam Egwu , Muhammadu Buhari , Lamidoa Yuguda , Mary Uduk , Bassey Akpan , Albert Bassey Akpan , Ibrahim Maigari , African Capital Market Integration Council , Senate On , Upper Chamber , Exchange Commission , Committee On Ethics , International Organization Of The Securities Commission , Ethics Committee , Senate Committee On Ethics , President Muhammadu Buhari , Director General , Akwa Ibom North East , Akwa Ibom North West ,

Senate summons CBN governor, DG SEC over cryptocurrency ban

Senate summons CBN governor, DG SEC over cryptocurrency ban
Senate summons CBN governor, DG SEC over cryptocurrency ban
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The Senate, on Thursday, mandated its Committee on Banking, Insurance and other financial institution, to invite the Central Bank Governor, Godwin Emefiele and the Director-General of the Security and Exchange Commission, Lamido Yuguda, for a briefing on opportunities and threats of cryptocurrency.
To join the Committee on Banking and Finance led by Senator Uba Sani are the Committees on Information and Communication Technology and Cybercrime and Capital Market, with Senators Yakubu Oseni and Ibikunle Amosun as chairmen.
The resolution was a sequel to a motion on CBN decision to stop financial institutions from transacting in cryptocurrencies. ....

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