How healthy competition forced Arik Air to slash fares Business Hilights Sep 27, 2017 Healthy competition amongst local airlines and those plying Accra route in Nigeria has compelled the debt embattled management of…
Forget suit, settle your indebtedness, takeover your company—AMCON to Arik shareholders Business Hilights Sep 13, 2017 In a sharp reaction to the suit filed by Arik Air shareholders over what they described as veiled plan to wrestle away their…
Confusion, official denial trail Ethiopian Airlines buy over of Arik Air Business Hilights Sep 4, 2017 Contrary to the pronouncements of the Managing Director of International Services at Ethiopian Airlines, Esayas Wolde Mariam, on…
Shareholding, depth of debts to dominate discussions on Dubai group deal in Arik Air Business Hilights Jun 13, 2017 Emerging prospective team of investors from Dubai, United Arab Emirates in stressed Arik Air is set for second round of discussion…
Dangote may buy near moribund Peugeot assembly plant from AMCON sooner Business Hilights May 29, 2017 AMCON’s Chief Executive, Ahmed Kuru, has hinted the chances of of leading industrialist, Aliko Dangote to buy up near moribund…
Relief underway for Etisalat as NCC rallies CBN, affected banks Friday for talks Business Hilights Mar 10, 2017 The Nigerian Communications Commission (NCC) has made apparent inroad over the possible amicable settlement of the multi-billion…
NLC warns as AMCON mulls sack of 1,500 workers at Arik over revenue lull Business Hilights Mar 6, 2017 Relying on credible indications, the leadership of the Nigerian Labour Congress (NLC) has ambushed the new management of Arik Air,…
‘Poor management, not traffic drop collapsed local airlines from 150 to 9 in 17 years’ Business Hilights Feb 28, 2017 Aviation expert, Chief John Ugbene has revealed that contrary to speculations in some quarters that it was momentary drop in…