{
  "id": 17252578,
  "title": "How Cardoso stopped my plan to shut down AMCON – Chike-Obi",
  "url": "https://urgent.news/2026/10/30/how-cardoso-stopped-my-plan-to-shut-down-amcon-chike-obi",
  "topic": "world",
  "section": "World",
  "published": "2026-10-30T15:44:53.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/10/30/how-cardoso-stopped-my-plan-to-shut-down-amcom-chike-obi/"
  },
  "original_language": "en",
  "account": "Mustafa Chike-Obi, the former Chairman of Fidelity Bank, has shared details of his thwarted plan to shut down the Asset Management Corporation of Nigeria (AMCON) in a recent podcast. According to Chike-Obi, the plan had been in his thoughts for the past six years, and he had been pushing for its closure. Notably, former Finance Minister Wale Edun had also accepted his proposal but was blocked by Central Bank of Nigeria Governor Olayemi Cardoso. Chike-Obi believes that the decision to keep AMCON running was incorrect, and his plan remains active.",
  "summary": "The former Chairman of Fidelity Bank, Mustafa Chike-Obi, has revealed that the Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, stopped his plan to shut down the Asset Management Corporation of Nigeria, AMCON. He disclosed this in a podcast released on Friday. According to him, AMCON has no reason to continue operating, adding […] How Cardoso stopped my plan to shut down AMCON –…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}