AMCON Distributing Company Stock News

Barely two weeks after the Asset Management Corporation of Nigeria (AMCON) took over the management of Arik Air, the airline has begun paying workers’ salaries and has paid its insurance premium, w�

Arik Air has suspended its international flight operations to the London and Johannesburg routes. The spokesman of the Asset Management Company of Nigeria (AMCON), Mr Jude Nwauzor, made the announc…

The Airline Operators of Nigeria, AON, on Sunday attributed the poor ‎performance of domestic airlines to multiple taxation by various agencies in the aviation sector. Nogie Meggisson, Chairman, AO�

Aero Contractors, Nigeria’s oldest private airline will soon be back in operation. Its new owners, the Assets Management Company of Nigeria (AMCON) has appointed the Deputy Managing Director, Arik �

Lagos – The management of Arik Air on Thursday said it would challenge the taking over of the airline by the Assets Management Company of Nigeria (AMCON) in court. Capt. Ado Sanusi, Senior Vice Pre�

The Federal Government on Thursday took over Arik Airlines and announced the appointment of a new management in a bid to save the country’s aviation industry from total collapse. Under the new arra�