• Why we re-opened Silverbird, Rhythm FM – AMCON shares reasons

    Why we re-opened Silverbird, Rhythm FM – AMCON shares reasons

    A day after they were sealed by officials of As­sets Management Cor­poration of Nigeria (AM­CON) over alleged loan default, some subsidiar­ies of Silverbird Group reopened for business on the afternoon of Friday, June 24, with apologies to their “viewers, listeners and online subscribers.”

    AMCON, last Thurs­day, effected a court or­der to take possession of Silverbird Galleria Limit­ed, Silverbird Promotions Limited, and Silverbird Showtime Limited, all part of the media group owned by businessman and politician, Ben Mur­ray-Bruce, and his family.

    The takeover […]