Court admits AMCON board resolutions in Arik Air receivership trial

Court admits AMCON board resolutions in Arik Air receivership trial

A stack of certified board resolutions from the Asset Management Corporation of Nigeria now sits on the record at the Lagos State Special Offences Court in Ikeja, admitted as evidence in the ongoing Arik Air receivership trial.

The documents, originating from AMCON, are central to the case as it moves forward in the special offences court. Their admission marks a procedural step that could shape how arguments around the receivership are framed going forward.

The Arik Air case has drawn sustained attention given the airline's history as one of Nigeria's largest carriers before AMCON moved to take over its operations. What the resolutions ultimately reveal in open court is the question everyone watching this trial is waiting to answer.

Originally published by BusinessDay.

Read the full article on BusinessDay →

2026 Afropolitain Magazine