AMCON takes over Murray-Bruce’s Silverbird Group

The Assets Management Company of Nigeria (AMCON) has sealed several companies in which Senator Ben Murray-Bruce a.k.a Common Sense, has interests.
Murray-Bruce is the representative of Bayelsa East Senatorial District.
The companies were sealed over an N11 billion loan taken from Union Bank by the Silverbird Group.
Founded by Murray-Bruce, The Silverbird Group is a Nigerian multinational real estate, media and entertainment company headquartered in Lagos.
The company was established in 1980 by Murray-Bruce and has gone on to be one of the most popular entertainment companies in Nigeria and beyond.
The company is the official organizer of the Most Beautiful Girl in Nigeria and Mr. Nigeria.
Siverbird Productions is a division of the company that organizes the Most Beautiful Girl in Nigeria pageant, which began as Miss Universe Nigeria in 1983, but was later renamed to its present name.
This division is also responsible in the organization of the Mr. Nigeria pageant.
The Silverbird Cinema is one of the biggest cinemas in West Africa, with over 50 screens in branches across Nigeria, Ghana and Kenya.
The first cinema was opened in May 2004 at the Silverbird Galleria in Victoria Island, Lagos.
Massive commercial success has given rise to the opening of additional multiplexes in different locations across Nigeria.
At the moment, Silverbird has cinemas in the following cities in Nigeria: Abuja, Lagos, Uyo, Warri and Port Harcourt.
This division of the company is responsible for all film distribution activities
The Silverbird Mall is located in Victoria Island, Lagos.
It consists of the popular Silverbird Galleria.
The Siverbird Communications comprises the company’s radio station, Rhythm 93.7 FM, and Silverbird Television.
Rhythm 93.7 FM Lagos was established in 1997, while Silverbird Television commenced transmission in Lagos in 2003. Agency report