Nigeria Breaking News

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AMCON vows to recover alleged N455bn Arik Air debt

AMCON vows to recover alleged N455bn Arik Air debt

Asset Management Corporation of Nigeria, AMCON, has said it would recover the accumulated debts of over N455 billion allegedly owed by Arik Air Limited (in receivership) and other sister companies belonging to Sir Johnson Arumemi-Ikhide, the promoter of Arik. AMCON’s Head of Corporate Communications, Jude Nwauzor, who briefed newsmen during the weekend in Lagos, said …