Browsing: NICON

Irrespective of the false narrative spreading on social media, Hon. Justice A. R. Mohammed of Federal High Court Abuja Division on Monday ordered the Asset Management Corporation of Nigeria (AMCON); NICON Insurance Limited, Nigeria Reinsurance (Nigeria Re) and Barrister Jimoh Ibrahim to maintain the status-quo-ante until September 8, 2021, when the court will hear all pending applications in the matter.

A federal High Court sitting in Abuja upon motion of ex parte filed by Mr. Jimoh Ibrahim and NICON Investment Limited and others, has granted an interim order restraining Assets Management Corporation of Nigeria (AMCON) and others from taking further steps regarding reconstitution and appointment of the defendants into the Board and management of NICON