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AMCON writes 34 Nigerian financial institutions, demands freeze of General Hydrocarbons’ assets

November 9, 2025 at 01:21 PM

‎The Asset Management Corporation of Nigeria (AMCON) has written thirty-four financial institutions in the country, requesting them to freeze the assets of General Hydrocarbons, an oil servicing firm. ‎ ‎General Hydrocarbons is majority-owned and controlled by Nduka Obaigbena, the chairman and editor-in-chief of THIS DAY newspaper and ARISE Media Group. The company...

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