Monday, May 18, 2026
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Business

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

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Insurance

Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

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NEM to Unveil Life Assurance Firm, Reports N167 bn Premium Income in 2025

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NEM Insurance Rewards Shareholders with N7.52bn Dividend amid 56% Revenue Growth

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Business

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Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

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The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

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Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

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ICT

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Capital Market

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Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

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‘AMCON Killed AERO Contractors’

A senior management staff of Aero Contractors has alleged that the Asset Management Corporation of Nigeria [AMCON] was the brain behind the recent indefinite suspension of scheduled air services by Aero Contractors, the nation’s second largest airline.

The official alleged that the management of AMCON connives with the former management of Aero to siphon vital revenue from the airline, making it difficult for Aero to meet basic day-to-day operational needs.

The Aero top management staff told Business Journal: “If you want to know what happened to Aero, go to AMCON because the AMCON people were working with former management of Aero to siphon funds meant for the running of the airline. It is an open secret at the airline but nobody could speak up to avoid being sacked. Buhari cannot be fighting corruption without looking at AMCON. They are more corrupt than the politicians the EFCC is running after. I can tell you clearly that AMCON killed Aero Contractors.”

Business Journal made spirited efforts to reach Mr. Jude Nwauzor, Head of Corporate Communication at AMCON for clarification on the allegation. He did not respond to phone calls and SMS sent to his phone line.

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Topics

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Pension Industry Will Invest in Infrastructure, Real Estate to Diversify Investment

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Royal Exchange General Targets 1m Farmers in Agric Investment

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Gartner Lists Top 10 Corporate Technology Trends for 2016

Gartner defines a strategic technology trend as one with the potential for significant impact on the organisation. "Gartner's top 10 strategic technology trends will shape digital business opportunities through 2020," said David Cearley, Vice President and Gartner Fellow. "The first three trends address merging the physical and virtual worlds and the emergence of the digital mesh. While organisations focus on digital business today, algorithmic business is emerging. Algorithms - relationships and interconnections - define the future of business. In algorithmic business, much happens in the background in which people are not directly involved.

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