Delta takes over Arik’s Lagos-New York route, becomes sole carrier from Nigeria to US
Delta Air Lines Monday announced it was introducing three weekly nonstop flights from Lagos to New York-JFK, starting March 25, ...
Tuesday, March 3, 2026
Tag: Amcon
Nigeria’s bad bank, AMCON, seeks anti-graft agency, EFCC, collaboration to recover N4.6trn debt from recalcitrant obligors
L-R: Eberechukwu Uneze, Executive Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, MD/CEO, AMCON, Ibrahim Mustafa Magu, Acting Chairman, ...
Nigeria’s central bank moves to liberalise management of non-performing assets
* To licence private asset management companies with N10bn capital base.... The growing non-performing assets of banks and the slow ...
Nigeria’s bad bank receivables rise 80% as obligors default
Nigeria’s bad bank, the Asset Management Corporation of Nigeria (AMCON), is currently facing recovery challenges from about 305 account obligors ...
Nigeria’s top banks’ directors take home N6.17 billion in 2016
Executive compensation- Updated * Bad bank, AMCON, directors earn N776 million despite 351bn loss... Ahmed Kuru, Managing Director, Asset Management ...
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