*Gbenga Alade, MD/CEO, AMC ON The Supreme Court Friday, February 20, 2026, finally delivered judgment in favour of the Asset Management Corporation of Nigeria (AMCON) following the protracted legal battle between Polaris Bank Limited, AMCON, 11 Hospitality Plc, and Milan Industries Limited over the sale of Lagos Continental Hotel. Recall that the defunct Skye Bank Plc (now Polaris Bank Plc) advanced a credit facility to Milan Industries Limited for the construction of the Lagos Continental Hotel in Victoria Island, Lagos. The loan became non-performing, and AMCON acquired the Eligible Bank…
Read MoreSUPREME COURT AFFIRMS AMCON’S SALE OF LAGOS CONTINENTAL HOTEL FOR N22BILLION
