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Emefiele, FBN, Unity Bank, others honoured by New Telegraph

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been honoured by New Telegraph as ‘the Man of the Year 2021 Economy’ ....

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Evernex acquires Emcon-IT and strengthens its presence in North America

BRICK TOWNSHIP, N.J., Nov. 2, 2021 /PRNewswire/ Evernex is continuing its international expansion. After establishing its European leadership position last year, with the acquisition of Technogroup ....

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Aero rebounds, acquires Airbus 320s to deepen operations

About five years after its takeover, Aero Contractors has shown signs of rebound with the acquisition of two Airbus 320 aircraft. ....

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Unions in tango over NG Eagle airline, Arik's fate | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

The move by the Asset Management Corporation of Nigeria (AMCON) to birth a new airline, NG Eagle, from the assets of Arik Air has stirred a controversy among various aviation unions. ....

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Alleged N69bn debt: Court fixes May 25 to hear AMCON's application | The Guardian Nigeria News - Nigeria and World NewsNigeria — The Guardian Nigeria News – Nigeria and World News

Gavel PHOTO: iStock
The Federal High Court, Abuja, on Monday, fixed May 25 to hear a motion brought by the Asset Management Corporation of Nigeria (AMCON), seeking a stay of execution of orders it granted the businessman, Jimoh Ibrahim, over alleged N69 billion debt.
The new date was fixed following the inability of Justice Okon Abang to preside in today’s proceeding.
The News Agency of Nigeria (NAN) observes that AMCON, through its lawyer, Ade Adedeji, SAN, had indicated to appeal the orders made in favour of Ibrahim and his companies by Justice Abang by filing a motion for stay of execution with suit number: FHC/ABJ/001/2021 before the court. ....

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