Federal government  has said the proposed establishment of a national carrier was to enhance competition in the nation’s aviation sector. The Minister of State, Aviation, Senator Hadi Sirika, disclosed this in Abuja while receiving the leaders of Air Transport Senior Staff Association of Nigeria, ATSSSAN, led...

A Federal High Court, Lagos Division, on Wednesday granted the request of the Asset Management Corporation of Nigeria for an interim injunction freezing the accounts of Capital Oil and Gas Industries Limited owned by Ifeanyi Ubah. Justice M. B. Idris, while granting the exparte order...

The Asset Management Corporation of Nigeria (AMCON) on Wednesday revealed that its current liabilities stood at N6.6 trillion from purchase of bad loans worth N3.3 trillion at the sum of N1.7 trillion. This came to fore at the House of Representative Ad-hoc committee investigating alleged...