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Asset Management Corporation of Nigeria (AMCON) has blamed the incessant failure of local airlines on operators’ lack of corporate governance and financial risk management. AMCON, which is th…
The Minister of State for Aviation, Hadi Sirika, has said that the delay in the establishment of a national carrier was occasioned by the counter offer by the transaction advisers it earlier appoin…
Understanding Financial Inclusion in Nigeria Financial Inclusion simply means that individuals and businesses have access to useful and affordable financial products and services that meet their ne…
LAGOS May 26  – The Asset Management Company of Nigeria (AMCON), the country’s ‘bad bank’ set up following the banking crisis, is close to selling Peugeot Automobile Nigeria…
The labour unions in the aviation sector have threatened to shut down the operations of Arik Air on Thursday over the airline’s management’s failure to reinstate its sacked members and other issue
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. – – – – –…
The National Union of Air Transport Employees (NUATE) has threatened to disrupt Aero Contractors’ operations by Monday if the airline refuses to recall the workers sacked recently. Aero is yet to g�

BREAKING: Aero Contractors sacks 900 workers

07:29pm, Thursday, 16'th Mar 2017
Aero Contractors Airline, which is under the management of the Asset Management Corporation of Nigeria (AMCON), has sacked about 900 workers representing 60 per cent. Letters of redundancy were iss…
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