Tag: Mustafa Chike-Obi

Aviation: AMCON confirms 60 per cent stake in Aero

The Asset Management Corporation of Nigeria has confirmed the ownership of 60 per cent stake in Aerocontractors airline, The PUNCH can authoritatively report. Aerocontractors’ indebtedness to commercial banks, estimated to…

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Revenge for Farouk Gate? House of Reps to probe Otedola’s debt payment

by Stanley Azuakola Admittedly, the House of Representatives does not like Femi Otedola, the businessman who was the driving force behind the exposure and subsequent disgrace of one of its…

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Off the hook: Femi Otedola settles N141billion debt with AMCON

by Akan Ido The Assets Management Corporation of Nigeria (AMCON) has confirmed the settlement of debt owed by the Zenon and Forte Oil boss, Femi Otedola, to the asset management…

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We did not take over management of Aero Contractors – AMCON

by Isi Esene There are conflicting signals coming from the Central Bank of Nigeria and the Assets Management Company of Nigeria (AMCON) regarding the takeover of Aero Contractors Airline. Mustafa…

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“Incompetence, failure, lack of transparency”: House of Reps rejects Oteh’s recall

by Isi Esene Arunma Oteh and her reinstatement as the director-general of the Security and Exchange Commission (SEC) appears to have set the the House of Representatives and the Executive…

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