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Arik Air Shareholders Debunk AMCON’s Insolvent Claim Before Takeover
LAGOS – The shareholders of Arik Air has denied the claim of the As­set Management Corporation of Nigeria (AMCON) that the airline was insolvent before it took over its control on Febru­ary 9 ...
Vanguard1mon
AMCON vows to recover N227bn from Arik Air
The Asset Management Corporation of Nigeria (AMCON) says it is determined to recover N227 billion debt from Arik Air. The Head, Corporate Communications of AMCON, Mr Jude Nwauzor, made this ...
Vanguard1mon
AMCON to Arik: Loans were non-performing, falsehood won’t erase debt
Asset Management Corporation of Nigeria, AMCON, Friday, refuted claims that a domestic carrier, Arik Air Limited, did not default in servicing its obligations to aircraft suppliers and trade ...