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Ifeanyi Ubah, Jimoh Ibrahim, Wale Babalakin Top Debtor’s List (see full list here)

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The Asset Management Corporation of Nigeria (AMCON) has published the details  of all erring debtors that have failed and or refused to reach settlement resolution with the Corporation.

Below is the list of the top 105 AMCON debtors:

S/N Obligor Name Main Promoter(s)
1 Capital Oil & Gas Industries Limited Ifeanyi Ubah(N115,952,152,265)
2 NICON Investments Limited Jimoh Ibrahim(N59,544,633,980.31)
3 Bi-Courtney Limited (MMA2) Wale Babalakin (SAN)(N40,798,422,374.02)
4 Josepdam & Sons Limited Late Mrs. Josephine Damilola KuteyiSaheed KuteyiGaniyu Kuteyi

(N39,056,674,951.55)

5 Tinapa Business Resort Cross River State Government(N36,006,319,844.68)
6 Home Trust Savings Chukwukadibia AjaegbuFunmu Ademosun(N30,626,243,344.71)
7 Geometric Power Limited Prof. Barth NnajiNnaji AgathaObibuaru Eluma

Anike Paul

Nwobodo Benjamin Chukwuemeka

Dozie Chijioke

Akpe Austine

Nnaji Okechukwu

UBA Trustees Limited

Kunoch Limited

Diamond Capital & Financial Market Limited

(N29,844,500,896.77)

8 Roygate Properties Limited Wale Babalakin (SAN)Agumadu JohnAlarape Olabode

Okhaleke Ndudi

(N28,137,176,532.32)

9 Shell Development Petroleum Company – West Multipurpose Co-operative Society Limited (SPDC) Shell Staff, represented by Ikponmwosa Ogbemudia(N26,474,541,188.17)
10 Anyiam Osigwe Limited Anyiam-Osigwe Dorothy Chinyere(N20,523,322,350.29)
11 Platinum Capital Obire RichardFrancis Atuche(N20,378,820,507.19)
12 Flotsome Investment Limited Oboden IbruTejiro Ibru(N20,218,703,550.96)
13 Lonestar Drilling Late Chief IdisiMargaret Idisi(N20,207,979,803.22)
14 Petrologistics Limited Ugoji Egbujo(N19,576,962,565.35)
15 Lorna Global Resources H.E. Chimaroke Nnamami(N18,919,109,352.85)
16 Hosanna Properties Limited Anionye ChikaObi Ike C.(N18,059,895,396.27)
17 Minaj Holdings Limited Ajegbo Mike NnayeluchudihuLuke Chidi ChudihuiloguMiller Gregrey

Ethridge Kyle

Attueyi Joe

Oladele Afolabi

Okpere Kisito

Kokoricha Paul

(N17,306,900,257.66)

18 Afrijet Airlines Limited Inoelle Willam BarryCarr Collin(N13,122,022,439.57)
19 Petroleum Brokers Limited Wilcox Awopuolagha(N13,076,314,937.26)
20 Hotel De Island; Kasmal Properties; Island Autos & Nacoil Kashamu Prince Buruji(N13,015,595,907.67)
21 Zarm Stores Limited Gbadamosi Muftau, The Olofa of OffaN12,410,560,226.18
22 Tak Continental Limited Thomas Akoh Etuh(N11,585,755,562.89)
23 Netlink Digital Television Fashewe OyewoleVarderpuije Ahmed(N11,550,782,130.79)
24 Mobil Workers (EKET) Multipurpose Cooperative Society Mobil Workers, represented by Okeke Eze (legal practitioner)(N11,504,121,133.06)
25 DWC Drilling Limited Etheridge KyleJohn Ayeke(N11,363,388,024.05)
26 Sammy Beth Interbiz Limited H.E. Chimaroke Nnamani(N11,017,336,899.00)
27 Ferdinand Oil Mills Chief Ferdinand Anyaoha Anghara(N10,855,175,005.53)
28 Octopus Trust Nigeria Limited Erastus AkingbolaN10,175,717,163.07
29 Avian Spec Femi JamesFunmi AyorindeN7,619,760.034.02
30 Brooke Investments Limited Chief S.I. AdegbiteAdegbite Adewale MichaelAdegbite Ademola Olumide

Sofela Michael Olufemi

N7,341,118,227.21

31 Resource Intermediaries Limited Soji Oyawoye (MD/CEO)Ebun BamigboyeWeyinmi Jemide

Ido Ohiwere

7,282,308,754.08

32 Jummai Mahmud Senator Joshua DariyeN6,823,110,429.13
33 Genprogetti Nigeria Limited Nnamdi O. OkoyeCharles UmeadiN6,637,593,140.34
34 Ray Gold Silver Plus Limited Oboden IbruTejiro Ibru6,392,813,914.61
35 Camden Resources Limited H.E. Chimaroke NnamaniN5,875,022,498.73
36 Riverside Logistics Limited H.E. Chimaroke NnamaniN5,874,161,281.46
37 Robo Michael Limited Kassabali Samir IbrahimEgirani AroboEgirani Olotu

N5,837,512,139.51

38 Lexcap Partners Albert OkumagbaChibundu EdozieN5,696,111,908.02
39 Osigwe Foods & Agro Industries Moh’d Anselm KayodeRaji A. UsmanN5,648,190,385.41
40 Rangk Limited Kanu Godwin NdubuisiN5,390,589,104.93
41 Afro-Arab Investment Limited Baba-Ahmed MoufitahBaba-Ahmed Muna BeitahN5,340,204,984.21
42 Dormanlong Engineering Limited Austen PetersN4,700,000,000.00
43 Abasa Nigeria Enterprises Limited NPK1 A Ezuma Innocent OzoemenaN4,666,999,131.41
44 Lawal Obelawo Plastics Industries Limited (LOPIN) Prince Lawal Olaosebikan YesufuRamota LawalN4,361,717,794.63
45 Eres N V (Nig.) Limited Chief Pius AkinyelureN4,171,546,113.09
46 Al-Kahf Motorcycle Company Limited Shehu BadamasiSafiya M. BadamasiN4,067,369,214.72
47 Madunka Motorcycle Company Limited Abdullahi A. HaidoZainab A. HaidoN3,561,115,889.09
48 Terminal Zero Obadina GbengaNiyi OyedeleN3,318,675,426.60
49 Ocean Deep Properties Limited Ray Nduka J. OkpuRay Ufoma OkpuN3,075,367,362.75
50 Claremount Management Limited Okobi Paul UcheAkpan PatrickN2,944,490,078,53
51 Ena-Bell Limited Ojo Osamuede BelleOjo Osamuede EnahoroN2,910,142,971.76
52 Omega Sunshine Ventures Limited Segun AgbetuyiTolulope O. FadahunsiN2,763,085,587.14
53 Tuns Farm Nigeria Limited Olatunde Adekunle BadmusJoseph ZopyN2,738,973,788.06
54 Nakem Oil & Gas Company Limited Alebe Nathaniel UzeziAlebe O. GiftN2,718,933,557.79
55 Hyacinnth U.F. Enuha Hyacinth Uzu-Fela EnuhaN2,710,078,325.77
56 Ray Okpu Ray OkpuN2,673,346,469.66
57 Bao Yao Future Lex Garba Idris AbubakarYaozhang ShenN2,669,859,056.59
58 Aquitane Oil and Gas Limited Ikechukwu OkoloN2,640,490,132.20
59 Waziri B. Mustapha Alhaji Waziri B. MustaphaN2,612,458,766.09
60 Riggs Securities Limited Yomi TokosiTokosi TokumboFrederick Fasheun

Ralph Obiha

Awosika Kola

N2,601,085,572.34

61 Likam Nigeria Limited Alhaji Ibrahim HamzaYashuwah HamzaN2,525,755,239.96
62 Safe Nigeria Limited Itohan Ogieva-OmosighoOsa Ogieva-OmosighoN2,369,063,554.93
63 Woksons International Limited Chief William OkiOke E. CynthiaN2,326,577,517.14
64 Travaux Investments Limited Lambo JumokeOgutuga KemiSheri William

Folarin Rotimi Williams

N2,303,470,835.43

65 Omega Savings and Loans Agbetuyi SegunAdeniyi A. AdeuyiwaN2,283,749,521.09
66 Bellview Airlines Limited Kayode OdukoyaAVM Emmanuel Ombu (Rtd)N2,258,232,021.87
67 Sage Int. Nig. Limited Atikoro UyovbukerhiMaureen UyovbukerhiN2,241,719,528.00
68 Van Vliet Trucks Limited Nol Van VlietAdetunmbi DayoKome Agodo

N2,136,216,694.00

69 Baba Haruna Ibrahim Baba Hruna Ibrahim2,076,544,891.02
70 Abbey Lincoln Limited Awoleye T. AbisodunFrancis T. AbisodunN2,065,489,600.50
71 Shell Staff West Shell Staff, represented by Ikponmwosa OgiemudaN2,004,956,109.70
72 U.L.O. Consult, Ogbeogonogo Chief Uche Luke OkpunoN1,984,819,888.82
73 Variations Industries Limited Nwazulu Prince DennisNwazulu ProtusN1,969,012,064.04
74 Tuns Holdings Limited Olatunde Adekunle BadmusJoseph ZopyN1,965,039,873.11
75 Shelter Development Bayero Usman Ja’afaruIbrahim Isa WadaN1,875,156,385.12
76 Lynq Communications Joe Obiora UdeagbalaSylvia UdeagbalaN1,847,974,990.21
77 Petlib Envi-Chem Ser Ibiam EleanyaEEkwo Eteakamba EdemN1,706,415,936,54
78 Amsalco Ind. Limited Aminu SalehBashir Aminu SalehN1,646,184,931.54
79 Aminu Saleh Alhaji Aminu Saleh AlhajiN1,630,812,798.76
80 Chevron Oil Staff Multipurpose Cooperative Chevron StaffN1,595,966,334.11
81 Micro Products Int’l Nig. Limited Chris AnugwoluN1,568,839,810.06
82 The Franklin Hotel & Suites Frank OmosigoN1,566,984,396.77
83 Titanium Oil and Energy Limited Acholonu PatrickEkezie Chief RalphN1,564,295,090.70
84 Alcomp Computers Limited Engineer Emeka Vitus EzenwanneGloria Uzoamaka EzenwanneN1,559,711,000.55
85 Tina Stores Limited Matthew NmeziClementina NmeziN1,558,068,328.38
86 Shemofeyo Ventures Limited Sheba A. Acholonu PatrickModupe Olorunfemi1,549,586,200.57
87 Westoil Petroleum Services Limited Bidemi H. FahnHamdalat AjayiOmotayo Fahn

N1,540,787,598.44

88 Ohzed Oil and Gas Company Limited Stella O. DikeEngr Matthew A. Dike1,516,937,763.45
89 KDC Construction Limited Alh Waziri B. MustaphaN1,480,572,356.42
90 Deep Sea Oil Gas Limited Itelima Steve YeowumaItelima Patricia YeowumaN1,386,834,554.36
91 Ascot Fabricators and Constr. Limited Henry E. ImasekhaJoey Chuma ObueN1,374,274,319.42
92 I.C.M.G. Limited Mike OsimeN1,339,507,291.77
93 Huf Engineering Nigeria Limited Enuha Hyacinth Uzu FelaEnuha CarolN1,288,402,095.13
94 Integral Petrochemicals Limited Oludare O. OlagokeAdeyemi Y. OlagokeN1,269,386,433.60
95 Unicorn Place Leisure Services Limited Ike NwabuokuN1,256,178,425.11
96 Ibika Investment & Property Limited Fashina Kofoworola OlakunleFashina Mabayomije OmololuN1,230,763,959.94
97 Assorted Foods & Beverages Ifabiyi AdemolaIfabiyi EyitopeIfabiyi Toyin

N1,185,194,335.36

98 Al-Fil Petroleum Company Limited Alao IdrisAlao AbdullatifN1,151,788,405.05
99 Primeview Investment and Property Gabriel OreneEsule GeorgeN1,119,804,330.77
100 Merepainti Nigeria Limited/BPT Equipment Engr Mohammed Nura KhalilN987,172,183.55
101 Rainbownet Limited H.E. Chimaroke NnamaniN804,985,922.59
102 Paveblocks Nigeria Limited Alh Waziri B. MustaphaN633,128,165.50
103 Honourable Adetunji Adeniyi Honourable Adetunji AdeniyiN491,220,414.05
104 Engr. Sarki Labaran Engr. Sarki LabaranN471,402,281.70
105 Senator Usman Bayero Nafada Senator Usman Bayero Nafada

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Insiders Revealed, Omoge Saida To Marry Billionaire Lover This December

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The social scene is already heating up as insiders reveal that popular lifestyle personality,Saidat Aralamo Asabi Balogun popularly known as Omoge Saida, is set to marry her billionaire lover in December — a development that has sent whispers of excitement across London, Lagos and Abuja high society.

According to those close to the stylish socialite, preparations for the much-anticipated ceremony are already underway, with talks suggesting it will be an exclusive, invitation-only affair.

Sources hint that the billionaire, a discreet yet powerful business magnate, has decided to make their relationship formal, in what many tagged a face saving situation from the nude video scandal.

Friends of Saida describe her as glowing, excited as she prepares for what many say is the beginning of a new, lavish chapter in her life.

Details remain tightly guarded, but insiders insist December is locked in — and if the early buzz is anything to go by, Omoge Saida’s wedding may well be one of the biggest society moments of the festive season.

 

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All The Shocking Details As PDP Declares Adedamola Osun Flagbearer, Beats Gov Adeleke in Tense Primary

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In a dramatic twist that has sent shockwaves through Osun’s political landscape, the Peoples Democratic Party (PDP) has declared Hon. Adebayo Adedamola as its governorship flagbearer after a fiercely contested primary that saw him defeat incumbent Governor Ademola Adeleke.

The keenly watched primary, held amid heavy security and intense party interest, drew party delegates from across the state. What many expected to be a smooth victory for the governor turned into a tightly fought race, with Fryo gaining momentum during delegate consultations and strategic bloc alignments.

According to party officials, Fryo clinched the majority of valid votes after what they described as a transparent, credible, and highly competitive exercise. His supporters erupted in celebration as the final tally was announced, chanting solidarity songs and hailing what they called “a new direction for Osun PDP.”

Adedamola, popularlcy called Fryo is said to be a close ally of APC stalwart, Iyiola Omisore. Fryo was among the people arrested over the killing of late Attorney General, Chief Bola Ige.

Political analysts say the upset signals a significant shift within the party’s power structure, as the result reflects growing agitation for fresh leadership and a repositioning of the party’s influence across local government blocs.

Governor Adeleke, who had sought the party’s ticket to secure a second term, was said to have congratulated Fryo in a closed-door exchange, though members of his camp are still digesting the unexpected outcome.

Fryo, in his acceptance speech, promised to unify the party, consolidate on its achievements, and present a formidable front ahead of the general elections. He described his victory as “a mandate for renewal” and urged party faithful to rally behind him for what he termed the decisive battle ahead.

With this development, all eyes are now on how the PDP navigates the post-primary atmosphere and prepares for a heated governorship election season in Osun State.

 

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Tunde Ednut Earns $5,000 Per Day! -Report

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“Tunde Ednut earns $5,000 average per day, ISWIS made approx $200,000 from live events in one month” — Chude Jideonwo unveils creator economy data at Digital Creator Africa Summit
At the inaugural Digital Creator Africa Summit, media entrepreneur and #WithChude host Chude Jideonwo unveiled new data positioning the Nigerian creator economy as one of the most commercially powerful industries on the continent.
Highlighting explosive growth and overlooked business models, Jideonwo revealed that:
 • Tunde Ednut, the former musician turned Instagram media mogul, is estimated to earn over $5,000 a day through his platform — with a business model based on affiliate promotion, Instagram advertising, and music amplification.
 • The hit podcast “I Said What I Said” (ISWIS) reportedly made approximately $200,000 in gross revenue from live events alone in a single month, drawing thousands of fans across there US, the UK and Canada.
 • “What these numbers show,” Jideonwo said, “is that creators are no longer just influencers — they are media companies, and increasingly, nation-builders.”
The summit, held in Lagos and attended by creators, investors, and media leaders, was designed to shift the conversation from virality to value — reframing content creation as infrastructure, not just entertainment.
As part of his address, Jideonwo announced his $500,000 personal commitment to the FourthMainland Creator Fund — a catalytic investment vehicle to back high-potential African creators with funding, IP support, and platform distribution.
“We’re building the Mavin Records of storytelling,” he said. “Not just with fame, but with financial tools, ownership, and a full studio system that lets creators scale across the continent and diaspora.”
The Creator Fund is part of the broader FourthMainland ecosystem, a creator commerce platform set to launch in 2026. The platform will offer monetization tools, subscription infrastructure, and joint-IP models built around African content — positioning it as the first at-scale infrastructure for the continent’s growing $100B creator economy.
Jideonwo, whose ventures include Joy, Inc., #WithChude, and YNaija, closed with a call to funders and policymakers:
“If music had Mavin Records and tech had CcHub, then creators now have their studio systems — their Mavins — and they’re building billion-dollar value chains without waiting for permission.”
The keynote, titled “Overtaking is Allowed,” argued that Africa’s most important civic and cultural shifts today are being led by independent creators, and that media-tech infrastructure for creators is now one of the biggest opportunities for economic growth across the continent.
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