Why Financial Distress Is Not the End
For many years, financial trouble was treated almost like a death sentence in Nigerian business. Once a company started struggling ...
Tag: AMCON
Arik Shareholders Question Aircraft Dismantling
Shareholders of Arik Air Limited have raised concerns over the reported dismantling of a Boeing 737-700 aircraft at the domestic ...
AMCON Recovers N165bn in H1 2026, Launches NTEL Divestment Process
The Asset Management Corporation of Nigeria (AMCON) recovered N165 billion from obligors in the first half of 2026, marking its ...
Senate Clears Lamido Yuguda to Lead AMCON Board
Nigeria’s Senate has confirmed the appointment of Lamido Yuguda Abubakar as the new Chairman of the Board of the Asset ...
Arik Had Repaid 38% of Foreign Loans Before AMCON Takeover, EFCC Witness Tells Court
A prosecution witness in the trial of former Asset Management Corporation of Nigeria (AMCON) Managing Director Ahmed Kuru has told ...
Banks Seize Nestoil Over $1 Billion Debt
A consortium of Nigerian lenders has placed Nestoil Limited, a major player in Nigeria's oil and gas sector, under receivership, ...
