February 26, 2026
CBN Board Approved AMCON Takeover of Arik Air, EFCC Tells Court
The Economic and Financial Crimes Commission (EFCC) yesterday told the Lagos State Special Offences Court in Ikeja that the Board of Governors of the Central Bank of Nigeria (CBN) formally approved the takeover of Arik Air Ltd by the Asset Management Corporation of Nigeria (AMCON) following the airline’s alleged severe financial deterioration. Testifying before Justice […]
