AMCON: FG ordered us to take over Arik Air to prevent collapse

Oluwatoyin Amao  The Asset Management Corporation of Nigeria (AMCON) has revealed that the Federal Government ordered…

Arik Air: AMCON denies Ethiopian Airline’s claim

The Asset Management Corporation of Nigeria (AMCON) says it is not aware of any current discussion…

We have stabilised Arik Air operations-Ilegbodu

The Managing Director of Arik Air, Capt. Roy Ilegbodu, on Friday said the operations of the…

AMCON takes over Gateway Portland Cement

The Asset Management Corporation of Nigeria (AMCON) has taken over Gateway Portland Cement Limited. This followed…

AMCON takes over Gateway Portland Cement

The Asset Management Corporation of Nigeria (AMCON) has taken over Gateway Portland Cement Limited. This followed…

Reps foreclose acquisition of new debt by AMCON

The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri…

Middle East group to invest in Arik Air

Shareholders of Arik Air have started discussions with a major investor to offset its debts to…

Why Arik, Aero cannot be national carrier, by AMCON boss 

The Assets Management Corporation of Nigeria (AMCON) has warned that it would be suicidal to contemplate…

AMCON ‘recovered’ N134bn in 2016, reduces standalone loss by N49.86bn

Asset Management Corporation of Nigeria (AMCON) says it recovered about N134 billion in cash and assets…

Court vacates injunction against NDDC MD

The Federal High Court, Uyo, Akwa Ibom State, has vacated the ex parte order freezing the…

Abuja second runway long overdue – NAAPE president

The President National Association of Aircraft Pilots and Engineers (NAAPE ), Isaac Balami, said the construction…

AMCON injects N1.5bn into Arik Air

The Asset Management Company of Nigeria (AMCON) has injected N1.5bn in Arik Airline Ltd to safeguard…