LAGOS JULY 23RD (NEWSRANGERS)-An Abuja High Court has issued a major ruling mandating the sale of aircraft, hangars, and other movable assets owned by Arik Air Limited. Specifically,the court directed sale of the aircraft with the registration numbers B737-700/5N-MJF, B737-800/5N-MJQ, DASH8-Q400, and 5N-BKX. This decision comes as a result of the airline’s substantial outstanding debts…
LAGIS SEPTEMBER 10TH (NEWSRANGERS)-A Bakery owner simply identified as Omoniyi recently committed suicide by jumping into his neighbours well in Ibadan Omoniyi who is a co owner of Aanu bread in Owala Akataapa area, Awotan, Ibadan was said to have killed himself because he has debt to pay A resident who prefer anonymity told our…
LAGOS AUGUST 19TH (NEWSRANGERS)-The National Broadcasting Commission, on Friday, directed 52 broadcast outfits, including the African Independent Television, Silverbird Television and the broadcasting corporations run by various state governments to shut down their operations. NBC said the directive became imperative following debts incurred by the broadcasting organisations amounting to at least N2.6bn. The Director-General of…
By Amos Okioma LAGOS JUNE 5TH (NEWSRANGERS)-The Bayelsa State Commissioner for Information, Mr. Daniel Iworiso-Markson has disclosed that the Government inherited a bond of N120 billion from the Chief Timipre Sylva Administration at inception in 2012 and would complete repayment in June. The Commissioner noted that Bayelsa State Governor, Chief Seriake Dickson should be commended…