Tag: AMCON

Fidelity bank
Electricity

Fidelity Bank takes over Kano, Benin, Kaduna Discos

Fidelity Bank Plc has taken over Kano, Benin and Kaduna electricity distribution companies after the bank initiated action to take over the boards of the three Discos. The Federal Government announced the takeover on Tuesday night. Also, the government through its Bureau of Public Enterprises, announced that with the takeover of Ibadan Disco by the […]

Aviation

Unions sound warning over plot to take over Arik, Aero

The National Union of Air Transport Employees and the Air Transport Services Senior Staff Association of Nigeria have raised the alarm over an alleged plot by some groups to take over Aero Contractors and Arik. The Asset Management Corporation of Nigeria, the nation’s bad debt manager created by the Federal Government, owns majority shares in […]