The Nigerian government, through AMCON, is considering merging debt-ridden Arik Air and Aero Contractors to create a national carrier. This strategic move aims to address the airlines' financial challenges and ensure operational stability. The merger proposal, initially rejected, is now being...
President Bola Tinubu has removed Ahmed Kuru from his position as the Managing Director and Chief Executive Officer (CEO) of Asset Management Corporation of Nigeria (AMCON).
Gbenga Alade has been appointed as Kuru's successor, with the president also approving the selection of a new management...
The Federal High Court in Lagos has dismissed the charges filed by the Asset Management Corporation of Nigeria (AMCON) against Senator Ifeanyi Ubah and his company, Capital Oil and Gas Limited, concerning an alleged N135 billion debt. Justice Nicholas Oweibo granted the dismissal of the charges...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.