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AMCON

6 Oct 2016
The Federal High Court, Abuja, on Thursday ordered the Asset Management Corporation of Nigeria (AMCON) to pay Capital Oil and Gas Industry Limited N26.5 billion ...
30 Sep 2016
Several aviation workers on Wednesday staged a protest march in Lagos, demanding Federal Government's intervention in the plight of Aero Contractors.The workers, under the aegis of Air Transport Services Senior Staff Association of Nigeria ....
30 Sep 2016
As Nigeria wades through the first economic recession in over two decades, Mustapha Chike-Obi, the former CEO of the Asset Management Corporation of Nigeria says the country requires an economic stimulus in multiples of what has been proposed by the Buhari government in the 2016 budget.
19 Sep 2016
The debt-induced take-over profile of the Asset Management Corporation of Nigeria (AMCON), has risen as the Federal High Court Lagos Division granted it an interim order against ...
16 Sep 2016
Debts buying firm, Asset Management Corporation of Nigeria, said it has begun linking prospective foreign investors with debtors, with a view to salvaging their businesses.
14 Sep 2016
Nigeria’s largest domestic carrier, Arik Air, shut its operations yesterday.The airline, responsible for over 40 per cent of domestic passenger traffic nationwide, blamed the “temporary” disruption on its inability to secure insurance renewal.
8 Sep 2016
Thousands of workers in the nation’s aviation sector may soon lose their jobs, as airlines’ operators groan under the weight of economic challenges.In the line of fire are over 400 pilots including expatriates, 1,200 crewmembers and more than 1,000 travel agents.
31 Aug 2016
Nigerian banks have become very stringent in funding oil and gas projects owing to a doubtful balance sheet position and inability of firms to service previous loans worth more than N2.2 trillion.
30 Aug 2016
The petition, dated July 21, 2016 was received by the NJC, on July 27, 2016 and titled: “Complaint of Bias, Insubordination, Judicial Rascality and Deliberate Bid to Incite Members of the Public Against....
29 Aug 2016
With a very wide gap between its loans and assets base, coupled with a depressed economy and protracted court processes, the Asset Management Corporation of Nigeria (AMCON) is in a dilemma over ...
23 Aug 2016
These days, it takes the same amount of effort to find a goat that is mild mannered and does not smell as it does to find a state in Nigeria where workers and pensioners are not being owed salaries or allowances.
22 Aug 2016
Efforts by the Federal Government at shoring up economic activities through debt recovery from individuals and organisations are not adding up. High-profile debtors are using the courts to mount blocks in the way of government.

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A cleric, Mr Gabriel Adarabioyo, has prayed that no life will be lost during the forthcoming governorship primaries by the various political parties in Ekiti.