AMCON dismisses reports of detention of 344 students in Enugu School as  Fake News

Media reports, which claimed that the Asset Management Corporation of Nigeria (AMCON) has detained 344 female students of Providence High School, located on Independence Layout in Enugu, Enugu State is fake news according to a statement AMCON released at the weekend.  The statement, which was signed by Jude Nwauzor, Head, Corporate Communications Department of AMCON said, “It is unfortunate how some media establishments allowed the publication of unsubstantiated report that totally spewed mischief and half truths regarding the real issues about the enforcement exercise at the school. AMCON does not…

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N38.5bn debt: Access Bank seeks Supreme Court’s reversal of Appeal Court’s ruling on Seplat 

Access Bank Plc said it has filed a Notice of Appeal at the Supreme Court challenging the suspension of the interim order made by a Lagos Federal High Court sealing the corporate offices of Seplat Petroleum Development Company and freezing its accounts, in respect of loan obtained by Cardinal Drilling Services Limited and utilized by Seplat, by a Lagos division of Court of Appeal. Access Bank, through its Solicitors, Kunle Ogunba and Associates, approached the highest court in Nigeria, after been dissatisfied with the decision delivered by the Lagos division…

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