$200m debt: AMCON finally takes over Aero; gets new MD, board

Indications at the weekend were that the Assets Management Corporation of Nigeria (AMCON), has assumed ownership of Aero Contractors, the nation’s oldest surviving and second largest airline over debts estimated at about $200 million (about N32 billion). The debt, originally owed to Nigerian banks were part of what the corporation acquired as part of its […]

$200m debt: AMCON finally takes over Aero; gets new MD, board

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