AMCON

AMCON Explains What Happened To Arik Air’s 3 Aircraft After Takeover

The Asset Management Corporation of Nigeria (AMCON) has refuted the claim that it carried out illegal sale of the three aircraft and spare parts belonging to Arik Air after it took over

Victor Ezeja

1 year ago

Business·Latest News·Transport

NAAPE Urges AMCON to Boost Arik’s Fleet for Industry Dominance

In a show of unwavering support, the leadership of the National Association of Aircraft Pilots and Engineers (NAAPE), led by Engineer Mudi Muhammad, made a passionate plea to the Asset Management Corporation

Emmanuel Ochayi

1 year ago

Business

Dispute Over Arik Air Not Helpful, Airline In Need Of Funds To Survive – Workers

The General Secretary of the National Union of Air Transport Employees (NUATE), Ocheme Aba, urged the Asset Management Corporation of Nigeria (AMCON) and owners of Arik Air to settle their feud. Aba

Fakoyejo Olalekan

1 year ago

Nze Duru Receives Applause For Donating Sporting Equipment To Ogun School

AMCON, Newstide Publications Congratulate Nze Duru On National Honour

The Assets Management Corporation of Nigeria (AMCON) and Newstide Publications Limited, publishers of Prime Business Africa, have congratulated Nze Chidi Duru on the conferment of the National honours award of Officer of

Admin

1 year ago

Arik Air: N120bn Fraud Allegations Against Receiver Manager, Omokide, ‘Patently False’

Arik Air: AMCON Denies Court Verdict Granting Access To Founder

The Asset Management Corporation of Nigeria (AMCON) has denied any knowledge of the Federal High Court judgment granting the former owner of Arik Air, Chief Johnson Arumemi-Ikhide, “unfettered access” to the company.

Peter Okoye, PBA Journalism Mentee

2 years ago

Business

AMCON Recovers N307 billion From Gov’t Debtors, To Blacklist Firms

Asset Management Corporation of Nigeria (AMCON) recovered N307 billion from debtors between 2020 and 2021, increasing its recovery rate by 10 per cent growth across various asset classes. According to the inter-agency

Fakoyejo Olalekan

2 years ago

Meet Lawan Auwal, Businessman Who Bought Polaris Bank

Business·Top Stories

Updated: How Nigerian Man Bought Polaris Bank For N1.35 trillion

Nigerian investor, Lawan Auwal Abdullahi, is power behind Strategic Capital Investment Limited (SCIL) that acquired Polaris Bank from government’s debt recovery agency, Asset Management Corporation of Nigeria (AMCON). Prime Business Africa had

Fakoyejo Olalekan

2 years ago

Polaris Bank Media Seminar: Expert Calls For More Training On Investigative Journalism

Business·Finance & Economy·Latest News

Buyers Of Polaris Bank Still Owe CBN N1.30 Trillion, Apex Bank Reveals

The Central Bank of Nigeria (CBN) has revealed that the acquisition of Polaris Bank by Strategic Capital Investment Limited (SCIL) is worth N1.35 trillion. In a statement released on Thursday following reports

Fakoyejo Olalekan

2 years ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

The Central Bank of Nigeria (CBN) is reportedly planning to sell Polaris Bank at the cost of N40 billion to Auwal Lawan Abdullahi, a commercial farmer and the Sarkin Sudan of Gombe

Fakoyejo Olalekan

2 years ago

Business·Latest News

Lawmakers To Summon CBN’s Godwin Emefiele Over AMCON’s N5 trillion Debt

The House of Representatives have decided to summon the heads of Central Bank of Nigeria (CBN), Nigerian Financial Intelligence Unit (NFIU), and Nigeria Deposit Insurance Corporation (NDIC), over their inability to recover

Fakoyejo Olalekan

2 years ago

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AMCON Explains What Happened To Arik Air’s 3 Aircraft After Takeover

NAAPE Urges AMCON to Boost Arik’s Fleet for Industry Dominance

Dispute Over Arik Air Not Helpful, Airline In Need Of Funds To Survive – Workers

AMCON, Newstide Publications Congratulate Nze Duru On National Honour

Arik Air: AMCON Denies Court Verdict Granting Access To Founder

AMCON Recovers N307 billion From Gov’t Debtors, To Blacklist Firms

Updated: How Nigerian Man Bought Polaris Bank For N1.35 trillion

Buyers Of Polaris Bank Still Owe CBN N1.30 Trillion, Apex Bank Reveals

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

Lawmakers To Summon CBN’s Godwin Emefiele Over AMCON’s N5 trillion Debt

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