An NSIB report details the extensive damage from an Arik Air engine failure, with 23 components impacted on a Boeing 737 after a mid-flight incident. Read More: https://punchng.com/23-aircraft-components-damaged-in-arik-air-engine-failure-nsib/

The Economic and Financial Crimes Commission (EFCC) informed a Lagos State Special Offences Court that the Board of Governors of the Central Bank of Nigeria (CBN) had approved the takeover of Arik Air Limited by the Asset Management Corporation of Nigeria (AMCON).

The Economic and Financial Crimes Commission (EFCC) has tendered key Central Bank of Nigeria (CBN) meeting minutes as evidence in the N76bn fraud trial against former AMCON MD Ahmed Kuru, concerning the controversial Arik Air takeover.

An Arik Air Boeing 737 experienced a terrifying mid-air incident when its left engine exploded en route to Port Harcourt, forcing an emergency landing.

A court has admitted fresh evidence in the N76bn and $31.5m fraud trial involving a former AMCON boss and others, who face charges of conspiracy, stealing, and abuse of office related to the alleged conversion of Arik Air funds.