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AMCON lists Silverbird’s Abuja Mall for sale over Murray-Bruce debt
The Asset Management Corporation of Nigeria (AMCON) has listed the Silverbird Entertainment Centre in Abuja for sale to recover a longstanding multi-billion naira debt linked to a former Nigerian Senator, Ben Murray-Bruce, and his companies.
The listing, published in a recent public notice by AMCON, shows that the Abuja Mall, a prime commercial complex located in the Central Area, Cadastral Zone, is now open for bids from interested buyers. The property is among several assets AMCON disposes of across different states, including Lagos, Rivers, Oyo and Plateau.
The Abuja mall, operated under Silverbird Entertainment, was previously seized following a 2016 Federal High Court order over a debt of more than N10 billion owed to AMCON by several companies owned by the Murray-Bruce family. Those affected include Silverbird Productions Limited, Silverbird Showtime Limited and Silverbird Galleria Limited.
In June 2016, the court appointed a receiver, M.A. Banire, to take over the companies’ assets on AMCON’s behalf. Justice C.M.A. Olatoregun, who presided over the matter, also barred Mr Murray-Bruce, his brothers Guy and Roy Murray-Bruce, and other family members from interfering with the receiver’s work. The court’s order covered several mortgaged properties in Abuja, Lagos, and Port Harcourt.
Despite negotiations that followed the initial seizure, the debt remained unresolved. AMCON said the latest sale is part of a broader asset recovery strategy targeting high-profile debtors who have failed to meet their obligations.
Silverbird’s Abuja mall is one of the group’s flagship properties, housing retail shops, a cinema, restaurants and office spaces. According to AMCON’s notice, the property comes with a gross lettable area of 15,050.91 square metres and is being sold as is.
Senator Ben Murray-Bruce, who served in the National Assembly representing Bayelsa East from 2015 to 2019, is also a prominent media entrepreneur and founder of the Silverbird Group, which operates television and radio stations in Nigeria and Ghana, as well as the Most Beautiful Girl in Nigeria (MBGN) beauty pageant.
As of 2017, AMCON said over 400 high-profile obligors were responsible for about N4.5 trillion nearly 80 per cent of the total outstanding debt on its books. The Corporation has since adopted more aggressive recovery efforts, including asset sales and legal enforcement.
Bids for the Abuja mall and other listed properties are due by 11 July.
Prospective buyers are advised to visit AMCON’s official website or contact the designated coordinating agents for details.
Murray-Bruce did not respond to a request for comment on the planned sale as of the time of filing this report.
Top private secondary schools now charge fees as high as private universities.
But behind each modern campus, fancy facilities, and international programs is a story of hard work, vision, and money.
From pioneering educators to embassy-backed schools, find out who is turning expensive schooling into big business in Nigeria’s largest city.
- Greensprings School
Visionary Founder: Mrs. Lai Koiki
Starting as a small nursery in 1985, Koiki transformed Greensprings into a tri-campus British-style institution serving over 2,000 students. Today, day pupils pay about ₦3.8 million per term, while boarding spots go for around ₦7.1 million testimony to her decades-long commitment to high-quality, holistic education.
- Grange School
Nonprofit Legacy: Grange Education Limited
Launched in 1958 by British expatriates to educate children of West African Airways staff, Grange is run by a parent-and-stakeholder board. With term fees near ₦4.5 million for day students and ₦6.5 million for boarders, its nonprofit status means every naira is reinvested into campus expansion and teacher development.
- Lekki British International School
Family-Led Enterprise: The Idehen Siblings
Founded by the late Dr. Abiodun Laja in 2000, LBIS now thrives under the stewardship of her children, Francis and Christian Idehen. They uphold a rigorous UK National Curriculum for roughly 350 pupils, charging about ₦4.6 million per year for day schooling and ₦6.8 million to board.
- British International School, Lagos
Global Backing: British Schools Foundation
Part of an international network, BIS Lagos blends Cambridge and British curricula on its Lekki Peninsula campus. With termly fees climbing above ₦5 million for day scholars and ₦7.5 million for boarders, it attracts a truly cosmopolitan student body and overseas-trained faculty.
- Meadow Hall School
Educational Innovators: The Hansotia Family
Since its 2002 inception, Meadow Hall has championed inquiry-based learning across two campuses. Their upscale campus in Lekki features science labs, art studios, and green play spaces. Day students pay around ₦4 million per term; boarders hover near ₦7 million.
- Atlantic Hall
Alumni-Driven Council: Former Students & Parents
Atlantic Hall established in 1989 operates under a vibrant alumni and parent board committed to continuous improvement. Known for its A-Level program and expansive sports facilities, it charges close to ₦3.9 million per term for day pupils and ₦6.3 million for boarders.
- Corona Day Secondary School, Lekki
Heritage Brand: Corona Schools
With roots stretching back to the 1950s, Corona remains a household name. The Lekki branch offers the Nigerian curriculum alongside international enrichment programs. Fees are roughly ₦3.7 million per term for day students; boarding isn’t offered here, keeping costs slightly lower.
- Lycée Français Louis Pasteur
Diplomatic Mission: French Embassy
Operated by France’s Ministry of Foreign Affairs, this school delivers the French national curriculum from primary through lycée. Its bilingual immersion and international accreditation command term fees of about ₦5 million reflecting its elite pedigree and embassy support.
- Charterhouse Lagos
Tech-Minded Founders: The Petkauskas Family
Charterhouse, birthed in 2000, has built a reputation for coding and robotics labs alongside classical academics. Day scholars invest roughly ₦4.2 million per term; boarding which includes weekend hackathons runs nearly ₦6.7 million.
- American International School of Lagos
Consortium Ownership: American and Local Partners
AISL, part of a global network, follows an American curriculum with Advanced Placement options. Situated in Victoria Island, it caters to expatriate and Nigerian families, charging around ₦5.2 million per term for day schooling and ₦7.8 million for its residential program.
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Wike’s Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention
A report by Sahara Reporters widely shared on internet claimed that FCT minister Nyesom Wike was diagnosed with congestive heart failure
The online news platform said sources privy to the minister’s health status informed it that Wike has been diagnosed with congestive heart failure and is currently under medical management in the UK.
However, checks by Legit.ng showed that no other reputable platforms have the report
Wike’s absence from public appearances sparked bizarre rumours online, with several netizens commenting that he might be out of Nigeria for medical reasons.
Amid the anxiety over Wike’s whereabouts, Olayinka posted on his verified X (formerly Twitter) page:
Lere Olayinka, senior special assistant on public communication and social media to Nyesom Wike, on Sunday, September 14, disclosed that his principal will be on a popular political show on Thursday, September 18, 2025.
FCT Minister, Nyesom Wike, will be on Channels Television’s Politics Today on Thursday, September 18, 2025, from 7PM to 8:30PM. pic.twitter.com/pnWMxBDVZY
— Lere Olayinka – Aresa 1 (@OlayinkaLere) September 14, 2025
News
2027 Election: “Tell Tinubu This”, – Primate Ayodele Sends Strong Warning To Tinubu In New Prophecy
Prophet Ayodele has consistently been in the news week in, week out. It is either he is releasing a fresh prophecy that’s gaining traction or a previous prohecy has just come to fulfilment and people are talking about it.
In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele stated that the present administration is full of wrong advisers who are pushing for irrelevant policies, and making good advisers enemies of the president.
The prophet warned the president against making good advisers his enemies, as it will lead to the end of his government if care isn’t taken.
“Tinubu’s administration is full of wrong advisers; they are turning him against his good advisers, and he will make them his enemies. He is creating enemies, and those whom he thinks love him would be his worst enemies.
“There are lots of irrelevant policies they are using to kill Tinubu’s government; these are policies that will build up massive protests against the government and division. He should do the needful; there are several irrelevant policies already, but the focus ought to be on what will make people happy. “
Primate Ayodele mentioned some things the president should focus on, and they include development and surplus for the people. He stated that road construction is good, but it’s not enough for the people.
He commended the president for his efforts on insecurity but urged him to do more.
“Tinubu should focus on development, on how to create surplus for the people. Road construction is good, but it’s not the only thing people need; he needs to look into other areas.
“On insecurity, he is doing well, but he should do more, activate forest security in order to end kidnapping. He should increase the salaries of national assembly members because it will turn the nation into chaos. He should also eradicate darkness, and not add more tariffs and taxes to basic things in the country.”
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 13th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1520 and sell at N1550 yesterday 13th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1525 and sell at N1550 yesterday 12th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
Amidst swirling rumors surrounding Oseloka Obi, the son of Peter Obi, the Labour Party’s presidential candidate for 2023, a new twist has emerged regarding persistent allegations about his gender identity.
In response to a flurry of speculation, Oseloka has taken a stand against the viral claims connecting him to homosexuality, which were sparked by the circulation of photographs featuring him alongside Kent Okwesa, a British-Nigerian based in London. Click link to continue reading.
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