Nigeria's state-owned Asset Management Company (AMCON) is determined to recover debts of NGN228 billion naira (USD149 million) from Arik Air (W3, Lagos ), while plans to liquidate the airline remain ...

Asset Management Corporation of Nigeria (AMCON), on Friday, said it had not foreclosed liquidating Arik Air over its N227.64 billion debt to the corporation. LEADERSHIP Weekend reports that the ...

The shareholders of Arik Air, an indigenous airline currently under the control of the Asset Management Corporation of Nigeria, have debunked claims that the debt accruable to the airline’s ...

The shareholders of Arik Air have responded to allegations made by the Asset Management Corporation of Nigeria (AMCON) during a press conference held on January 17, in Lagos. The conference ...

The Asset Management Corporation of Nigeria has insisted that it will recover all the debt owed by a Nigerian carrier, Arik Air. AMCON, which is currently managing the airline in receivers ...

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 ...

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, 2017. Rather, ...

The move is aimed at enforcing a court judgment obtained by Dan Air against Arik Air Limited in a foreign jurisdiction. A Romanian airline, Dan Air, has approached the Nigerian High Court to ...

Speaking at a briefing in Lagos, head of AMCON’s Corporate Communications Unit, Mr Jude Nwauozor, said some institutions such as Arik Air and about 12, 000 others have demonstrated resistance in ...

For instance, passengers have bookings opened till February 28, 2025 on Air Peace; March 30, 2025 on United Nigeria and February 28, 2025, on Aero Contractor. Also, on Arik Airline, customers have ...