Management of Arik Air (In Receivership) are dismayed by the sudden order issued by the Honourable Minister of Aviation to ground our Aircraft. This decision, made...
Asset Management Corporation of Nigeria, AMCON, has initiated bankruptcy proceedings against the Chairman of Milan Industries Limited, Milan Nigeria Ltd and Milan Beverages Ltd, Rajesh Valecha...
Asset Management Corporation of Nigeria (AMCON) has reacted to the news making the rounds in a section of the media that a Federal High Court, sitting...
The Nigeria Deposit Insurance Corporation (NDIC) has stated that Polaris Bank remains unsold, days after a report that Auwal Lawan Abdullahi, an investor in farm business,...
Aero Contractors has vehemently refuted reports that its management and the Asset Management Corporation of Nigeria (AMCON), diverted $3 Million meant for the acquisition of a...
There are indications that banks are widening their interest rate margin apparently to cushion the impact of rising inflation on their operating cost and profitability. This...
Mrs. Nneka Onyeali-Ikpe, managing director/CEO, Fidelity Bank Plc, is an exceptional woman who has been able to harness her dexterity and God given mental acuity to...
Senate has passed the Asset Management Corporation of Nigeria Amendment (AMCON) bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions....
Asset Management Corporation of Nigeria (AMCON) is awaiting regulatory approval to launch a new holding company for aviation assets under its control, which would enable the...
The federal government has passed a law that will create a new resolution fund to support failing or distressed lenders and will get commercial banks to...