BRICK TOWNSHIP, N.J., Nov. 2, 2021 /PRNewswire/ Evernex is continuing its international expansion. After establishing its European leadership position last year, with the acquisition of Technogroup
The move by the Asset Management Corporation of Nigeria (AMCON) to birth a new airline, NG Eagle, from the assets of Arik Air has stirred a controversy among various aviation unions.
Gavel PHOTO: iStock
The Federal High Court, Abuja, on Monday, fixed May 25 to hear a motion brought by the Asset Management Corporation of Nigeria (AMCON), seeking a stay of execution of orders it granted the businessman, Jimoh Ibrahim, over alleged N69 billion debt.
The new date was fixed following the inability of Justice Okon Abang to preside in today’s proceeding.
The News Agency of Nigeria (NAN) observes that AMCON, through its lawyer, Ade Adedeji, SAN, had indicated to appeal the orders made in favour of Ibrahim and his companies by Justice Abang by filing a motion for stay of execution with suit number: FHC/ABJ/001/2021 before the court.