Arik Reacts to Allegations of $40million Import Duty Misapplication, Illicit Sale of Aircraft by Techeconomy October 7, 2023 0 Travel Arik Air Limited (in receivership) has responded to a recent media report which alleged it is under investigations by the ... Read more
AMCON Opens Up on N300bn Arik Air Debt Saga by Techeconomy September 19, 2023 0 Travel The Asset Management Company of Nigeria (AMCON) has given more facts on the ownership tussle between the company and the ... Read more
Court Affirms AMCON’s Receivership over Arik Air by Peter Oluka April 2, 2023 0 ConsumerTech The Receiver/Manager of Arik Air Limited (in Receivership) (Arik) and the Asset Management Corporation of Nigeria (AMCON) has reacted reports ... Read more
Strategic Capital Acquires Polaris Bank for N50 Billion by Justice Godfrey Okamgba October 20, 2022 3 Finance Polaris has been operating as a bridge bank since 2018 when the Central Bank of Nigeria intervened to revoke the ... Read more
Stakeholders Accuse CBN, NDIC, AMCON for Stifling Banks’ Growth by Justice Godfrey Okamgba October 17, 2022 0 Finance The Directors say operators have access to around 50 percent of the money for lending and other investments, banks are ... Read more
AMCON Reappoints Sanusi as MD of Aero Contractors by Yinka Okeowo October 12, 2022 0 Travel Aero contractors has been in Receivership under AMCON since 2016 Read more