Tag: Asset Management Corporation of Nigeria

Can AMCON rescue its debt situation?

As Nigeria's government ups the ante as it seeks to recover over 5 trillion naira owed to the country's bad bank Asset Management Corporation of Nigeria (AMCON), to assess AMCON’s debt recovery strategy – Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.

Arik Air goes into receivership

Arik Airline has been in a precarious situation largely attributable to its heavy financial debt burden

Nigerian billionaire Femi Otedola on the day he lost everything

Life was rosy for Femi Otedola until it took a sudden turn leaving him billions in the red. He had to start all over again.