AMCON

AMCON Announced The Sale Of Ibadan DisCo for N100bn

The Nigerian government, through the Asset Management Corporation of Nigeria, AMCON, has announced the sale of the Ibadan Electricity Distribution…

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Alleged 76bn, $31.5m Fraud: EFCC Arraigns Ex AMCON MD, Ahmed Kuru, Four Others in Lagos

  The Economic and Financial Crimes Commission (EFCC) on Monday, 20 January, 2025 arraigned a former Managing Director of Assets…

Arik Air shareholders tackle AMCON over N455bn debt claim

The shareholders of Arik Air, an indigenous airline currently under the control of the Asset Management Corporation of Nigeria, have…

FG may convert Arik, Aero Contractors to national carriers Over Unpaid Debt…..

The Asset Management and Corporation of Nigeria has said Arik and Aero Contractors airlines may be merged and converted to…

AMCON’s bid to return Arik Air to founder fails twice over N240.3b debt

Fresh facts have emerged in the conflict of interest between the shareholders of Arik Air and the Asset Management Corporation…

Unions raise the alarm over plot to take over Arik, Aero

The National Union of Air Transport Employees and the Air Transport Services Senior Staff Association of Nigeria have raised the…

Controversial Businessman, Jimoh Ibrahim In Trouble Over N69.4billion Debt Owed Nigerian Government

The Court of Appeal sitting in Abuja has ruled that all proceedings including the contempt proceedings initiated by Nigerian businessman,…