President Muhammadu Buhari has assented to the National Biosafety Management Agency (Amendment) Act, 2019, with a view to preventing any adverse effect to human health and environment in the country. Continue reading “Buhari signs 3 new bills into law”
The Asset Management Corporation of Nigeria (AMCON) says it plans to sell Polaris Bank within two years.Ahmed Kuru, Chief Executive Officer, AMCON, said this in an interview with Bloomberg in Lagos. Continue reading “FG to sell Polaris bank in two years”
EUCLID MYKE, Abuja
ABOUT two billion adults worldwide do not have basic bank account just as 59 per cent of adults cannot fund their accounts due to lack of funding and also 200million formal and informal micro, small and medium-sized enterprises (MSMEs) in emerging economies lack adequate financing to thrive and grow. Continue reading “200 million MSMEs lack financing – AMCON”
The Asset Management Corporation of Nigeria (AMCON) has recovered more than N681.5 billion from chronic debtors in the last six years, its Managing Director of Ahmed Kuru, revealed in Abuja on Monday. Continue reading “AMCON recovers N681b debt – Ahmed Kuru”
Aviation unions on Thursday shut down Arik Air, the largest airline in Nigeria.
The unions, which include the National Union of Air Transport Employees, Air Transport Services Senior Staff Association of Nigeria and the National.
The Asset Management Corporation of Nigeria, AMCON, has announced Sigma Golf
Nigeria Limited and Riverbank Investment Resources Limited (the Sigma Golf-Riverbank Consortium) as the new investors in Keystone Bank.
The Asset Management Corporation of Nigeria, AMCON, said public confidence was gradually returning to Nigeria’s largest domestic carrier, Arik Air, barely two weeks after it took over the airline. Continue reading “Arik enjoying more public confidence since takeover – AMCON”
The Asset Management Corporation of Nigeria, AMCON, on Sunday said it had discovered deep rooted rot at embattled airline, Arik Air. Continue reading “Arik Air was ‘huge mess’, very poorly managed – AMCON”
The Federal Government on Thursday took over Arik Airlines and announced the appointment of a new management in a bid to save the country’s aviation industry from total collapse. Continue reading “FG takes over distressed Arik airlines, appoints new management”
A day after they were sealed by Nigerian officials for loan default, some subsidiaries of Silverbird Group reopened for business on Friday afternoon, with apologies to their “viewers, listeners and online subscribers.” Continue reading “Why we re-opened Silverbird, Rhythm FM – AMCON”