Arik Air shareholders tackle AMCON over N455bn debt claim
The shareholders of Arik Air, an indigenous airline currently under the control of the Asset Management Corporation of Nigeria, have…
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Arik
AMCON Mulls Arik Air Liquidation Over N227.64bn Debt
On Friday, the Asset Management Corporation of Nigeria (AMCON) said that it had not foreclosed on liquidating Arik Air due to the company's N227.64 billion debt.
Under Sir Johnson…
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Court Allows Repossession Of Arik Air’s CRJ1000
Federal High Court sitting in Lagos has granted Export Development Canada (EDC), a Canadian financial institution, the right to repossess and teardown the controversial CRJ1000…
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