Tag: AMCON
Aero Contractors becomes national carrier
Simon Ateba/Aviation correspondent Nigeria’s Federal Government is set to turn heavily indebted Aero Contractors Airline into the country’s national carrier,…
Injustice: NJC Replies Retd. Justice Okeke
The National Judicial Council has reacted to the valedictory speech given by the retired Justice Okechukwu Okeke of the Federal…
Debt to AMCON: Ogboru stalls contempt trial
A former governorship aspirant in Nigeria’s Delta state, Great Ogboru, on Thursday filed an application for a stay of contempt…
Ogboru faces contempt charge
The Assets Management Corporation of Nigeria (AMCON) on Tuesday commenced contempt proceedings against a former Delta governorship aspirant, Great Ogboru,…
Striking Workers Picket Aero
Aero Contractors, Nigeria’s second largest airline, remained grounded on Wednesday, two weeks after a labour crisis paralysed its activities nationwide,…
Aero Flights Grounded Nationwide
All Aero Contractors flights were grounded on Wednesday and passengers were stranded nationwide, following an industrial action embarked upon by…
Bridge Banks Intervention Yielding Fruits —Enterprise Bank MD
Managing Director Enterprise Bank, Mr Ahmed Kuru, has said Central Bank of Nigeria’s policy of using ‘bridged banks’ to rescue…
AMCON’s Misadventure And A Hapless Nation
By Eghes Eyieyien Nigeria’s AMCON is gravely distressed! With total liabilities of N5.69 trillion (bonds issued is N4.18 trillion), a…
Capital Oil accuses AMCON of ignoring court order
Almost a week after an Abuja High Court vacated the order it had earlier made in November, granting the Assets…
Nigerian Court lifts order on Capital Oil
Nnamdi Felix / Abuja Nearly a month after a Federal High Court made an order freezing his accounts and granting…
Aero Confirms Takeover By AMCON
After months of denial, Nigeria’s second biggest airline, Aero Contractors, said on Tuesday morning that it has been taken over…
Obaro Ibru Is New Acting M.D Aero Contractors
Mr. Obaro Ibru is the new acting Managing Director of Aero Contractors, following the resignation of the Managing Director of…
Capital Oil: Reps Wade In
Ifeanyi Ubah, Chairman of Capital Oil & Gas Limited takes his case to the House of Representatives The House of…
Akin George, Aero MD bows out
Simon Ateba/Aviation correspondent Aero Contractors, Nigeria’s second biggest airline, announced on Sunday night that its Managing Director, Captain Akin George,…
Aero MD sacked?
Simon Ateba/Aviation correspondent There were conflicting reports on Friday night with sources claiming that the Managing Director of Aero Contractors,…