It also stated that the corporation currently has over 2,000 cases in court, as some of AMCON’s debtors owe nearly N5tn, adding that the debtors who borrow these monies do not use it for the ...

The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its determination to recover the staggering N455 billion debt owed by Arik Air Limited (in receivership) and its affiliate ...

The case, which involves allegations of financial misconduct related to Arik Air’s receivership, has been at the centre of a protracted legal dispute. The ongoing legal battle over the ...