Delta takes over Arik’s Lagos-New York route, becomes sole carrier from Nigeria to US
Businessam Staff
August 22, 2017
Delta Air Lines Monday announced it was introducing three weekly nonstop flights from Lagos to New York-JFK, starting March 25, 2018,
Nigeria’s bad bank, AMCON, seeks anti-graft agency, EFCC, collaboration to recover N4.6trn debt from recalcitrant obligors
Businessam StaffAugust 3, 2017
In a renewed strategy to recover a whopping debt obligation of over N4.6 trillion owed it by recalcitrant debtors, the Asset
Nigeria’s central bank moves to liberalise management of non-performing assets
Steve OmanufemeJune 22, 2017
* To licence private asset management companies with N10bn capital base…. The growing non-performing assets of banks and the
Nigeria’s bad bank receivables rise 80% as obligors default
Steve OmanufemeJune 19, 2017
Nigeria’s bad bank, the Asset Management Corporation of Nigeria (AMCON), is currently facing recovery challenges from about 305
Nigeria’s top banks’ directors take home N6.17 billion in 2016
Businessam StaffJune 10, 2017
Executive compensation- Updated * Bad bank, AMCON, directors earn N776 million despite 351bn loss… Directors at Nigeria’s top