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Friday Olokor, Abuja A Federal High Court in Abuja on Monday vacated the orders obtained by the Assets Management Corporation of Nigeria to manage...
By Alex Enumah The Federal High Court, sitting in Abuja, yesterday set aside the interim order through which the Asset Management Corporation of Nigeria (AMCON) seized property belonging to a businessman, Mr. Jimoh Ibrahim, for an alleged N69.4 billion debt. Justice Okon Abang set aside the order made on January 4, allowing a receiver/manager appointed by AMCON to manage the assets belonging to Ibrahim. The judge set aside the order on the grounds that AMCON concealed facts relating to the case in order to obtain an interim order in aid of Mr. Taiwo Lakanu, the receiver/manager it purportedly...
Despite shrinking to its lowest point of under 400 aircraft during the pandemic, the in-service fleet size in the Middle East is forecast to reach 2,300 by 2031 powered by narrowbody fleets, according to Oliver Wyman’s latest fleet and MRO forecast.
Despite vehicle sales in Latin America sliding 25% in 2020 in wake of the worldwide health pandemic and correlating economic crisis, the commercial fleet market fared much better.
Chris Davies - Feb 3, 2021, 9:17am CST Amazon’s new electric delivery vans are already out on the road, with the Rivian-made fleet puttering into duty in Los Angeles. It’s the narrow end of what Amazon promises will be a very wide wedge eventually, with 100,000 of the custom e-vans on order from the electric vehicle startup. Amazon and Rivian promised when they announced that deal that the first examples of the bespoke delivery vehicles would go into action in 2021. It seems that promise is being delivered upon (pun intended), with an unspecified number of the vans out...