Nigeria's "bad bank" said on Thursday it had taken over the day-to-day running of Arik Air in an attempt to rescue the country's largest airline, which it placed in receivership last week after it was unable to pay workers or creditors.
Michael Arumemi-Ikhide, the founder of Arik Air, has said the
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Camillus Eboh, Reuters
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more