TAG: AMCON

Deal: Sigma Golf Acquires Keystone Bank; What We Know So Far

Nairametrics| The Asset Management Corporation of Nigeria has announced the sale of Keystone Bank Plc (formerly Bank PHB). The...


The AMCON Pill Is Bitter: Aerocontractors Sacks 900 Staff

Nairametrics| One year after the Asset Management Company of Nigeria (AMCON) intervened in the affairs of Aero Contractors Company...


Rumble In Ibru Family Over Estate

Barely six months after patriarch of the Ibru clan and billionaire, Michael Ibru passed on, peace seems to have...



Stage 2: Medview Air To Hold IPO In Three Months

Nairametrics| Newly listed company on the Nigerian Stock Exchange (NSE), Medview Air will be having an Initial Public Offer...




Arik Sends Aircraft To France For Maintenance

Airk Air has sent two of its Airbus planes to France for C-Checks. A fall out of this is...


Why We Nationalised Arik Air – Government Explains

Nairametrics| The Federal Government has provided an explanation for its nationalisation of Arik Air. The Government provided the following...


AMCON Takes Over Arik Air

Arik Air has been taken over by Asset Management Company Of Nigeria (AMCON). AMCON was set up the Federal...


Fitch Turns Spin Doctor, As It Reveals Nigeria Is Planning Setup Another AMCON

Just like has been rumoured since the start of the current economic crisis, rating agency, Fitch has hinted that...


Why Aero Workers Believe AMCON Is Treating Them Unfairly

Aggrieved Aero staff believe AMCON is at fault for the airline's problems and should not make them...


AMCON Struggling To Recover Loans Due To Weak Economy

The Asset Management Corporation of Nigeria (AMCON) has said that a weak economy is hindering its efforts to recover billions...


[2014 Results] AMCON Posts N275billion Loss as Accumulated Losses Rise to N4.2 trillion

Nigeria’s bad bank the Asset Management Corporation of Nigeria or AMCON has managed to reduce its losses despite a...


AMCON To Repay N800b Bonds in August and Has No Plans To Buy New NPLs

The Asset Management Corporation of Nigeria says it plans to repay N800bn of bonds due by August this year....


Investor Watch: Why TB Rates May Drop This Holiday Season

THISDAY reports Treasury Bills rates may likely be lower as a result of the Asset Management Corporation of Nigeria (AMCON)’s...


AMCON Declares N823billion Loss (2011: N2.3trillion)

The Nation reports; The Asset Management Corporation of Nigeria (AMCON) has declared a loss of N822.9 billion for the...


Deal: AMCON To Take Over Tinapa

The Asset Management Corporation of Nigeria is to take over the management of Tinapa Business Resort following a settlement...


Official: AMCON Takes Over Capital Oil & Gas

  The Asset Management Corporation of Nigeria has finally taken over the operations of Capital Oil and Gas Ltd....


AMCON Tenure Actually Begins in 2014 Not 2010!!!! Sanusi

  Don’t worry I am as gobsmacked as you are. Anyway, the CBN Gov was quoted as follows; About...


WILL AMCON SOON BE NEEDING A BAIL OUT?? THE LIST OF TYCOONS WHO OWE AMCON

Back in 2009, the CBN published a list of names of companies owing Nigerian Banks. It was an unprecedented...