The Asset Management Company of Nigeria (AMCON)’s take over train seems to be on the move and this time it has stopped at Gateway...

The Managing Director and Chief Executive Officer of AMCON, Ahmed Kuru has admitted that the corporation which he heads has failed in its recent...

Summary of the top business, economic and political news in Nigeria today.   The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has...

Summary of the top business, economic and political news in Nigeria today.   The federal government has unveiled the ownership structure of the modular...

Summary of the top business, economic and political news in Nigeria today   Acting president, Yemi Osinbajo has signed the 2017 spending plan into...

Reports from Nigeria’s local newspaper, Thisday suggest Ethiopian Airlines is in advanced negotiations with the Asset Management Company of Nigeria to take over nationalised...

Summary of the top business, economic and political news in Nigeria today. Despite the economic recession, which led to massive loss of jobs in...

MD of the bad bank Mohammed Kuru said the possibilities of an AMCON II were unlikely. Kuru was of the opinion that doing so,...

Auditors to Arik air, have discovered that the company’s debt may be more than the previously stated figure of N375 billion as they provide the...

Aliko Dangote, may be expanding his empire into car assembly, if the Central Bank of Nigeria (CBN) gives the Asset Management Company of Nigeria...

The Asset Management Company of Nigeria (AMCON) has announced that it is awaiting CBN’s approval to sell the Peugeot Automobile Nigeria (PAN) Ltd to...

Nairametrics| The Asset Management Corporation of Nigeria (AMCON) on Friday took over the assets of Woksons International and its owner. This followed a court...

Nairametrics| The Federal government may have decided to merge Arik and Aero in order to create the new national carrier. Here is what we...

Nairametrics|Sigma-Riverbank consortium which recently acquired Keystone Bank has embarked on an upgrade of the bank’s branches. Here’s the banks comment on the upgrade: The...

Nairametrics| Finance minister, Kemi Adeosun on a recent trip to Washington stated that some private equity investors, were interested in taking over Arik and Aerocontractors....

Nairametrics| An inter agency task force in charge of investigating failed financial institutions has said it will commence moves to rearrest individuals that were indicted...

Nairametrics| The Asset Management Company Of Nigeria (AMCON) yesterday took over three other companies belonging to Joseph Arumemi Johnson, founder of Arik Air Limited....

Nairametrics| Nigeria’s nationalised airline, Arik is said to owe creditors a whopping N387 billion. According to reports from Leadership, Arik Accumulated N387bn debt Before FG...

Nairametrics| The Financial Stability Report released by the Central Bank of Nigeria for December 2016 revealed that three banks in the country failed a...

What does this mean for Aero and...

Nairametrics| Tier 2 lender, Union Bank intends to raise the sum of N50 billion Naira in the second quarter of 2017. The new funds...

Nairametrics| Unconfirmed reports reveal that the MD/CEO of Capital Oil and Gas, Mr. Ifeanyi Ubah, has been arrested by officials of the Department of...

Nairametrics|The Asset Management Company of Nigeria (AMCON) has revealed that Arik Air and AeroContractors both failed because of bad corporate governance. AMCON took over...

Nairametrics| Keystone Bank’s new owners Sigma Gulf-Riverbank consortium at the weekend took over the bank from the Asset Management Company of Nigeria (AMCON). They...

Nairametrics| The Asset Management Corporation of Nigeria has announced the sale of Keystone Bank Plc (formerly Bank PHB). The bank was sold to Sigma Golf...

Nairametrics|Air Peace, one of the few surviving airlines in the country, which currently flies to Accra, Ghana, has disclosed that it will be expanding...

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

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

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

Surely, there's no more doubt...