The management of Arik Air under the leadership of Johnson Arumemi-Ikhide, its founder, owed about N387 billion both locally and internationally, before the federal government took over. According to a
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The new management of Arik Air has told labour unions that protests are illegal, considering the situation at hand, which is aimed at reviving the challenged airline. In a statement
The Asset Management Corporation of Nigeria (AMCON) has announced the sale of Keystone Bank, one of Nigeria’s commercial banks. AMCON said the bank was sold to Sigma Golf Nigeria Limited
Asset Management Corporation of Nigeria (AMCON) has secured a federal high court injunction to take take over Mustasons Guest House, Ajose Adeogun Street, Victoria Island, Lagos Babs Kuewumi, justice of the federal
The Nigerian Civil Aviation Authority (NCAA) says from 150 airlines in its register when it started operating in 2000, only
The Asset Management Corporation of Nigeria (AMCON) says banks which hitherto turned their backs on Arik were now supporting the
The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services (OAS) Helicopters in Lagos. This comes five
The new management of Arik Air has appointed KPMG, one of the big four audit firms in the world, to
The Asset Management Corporation of Nigeria (AMCON) on Sunday said it had discovered deep rooted rot at Arik Airlines. The
The Asset Management Corporation of Nigeria (AMCON) says Arik Airline’s debt is more than N300bn and that a large part
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