Court Voids Ethiopian Airlines' Acquisition of Nigeria Air's Stake
Court Voids Ethiopian Airlines' Acquisition of Nigeria Air's Stake
A federal high court sitting in Lagos state has nullified the sale of 49 percent equity stake in Nigeria Air to Ethiopian Airlines.
In the ruling today, justice Ambrose Lewis-Allagoa said the stake sold to Ethiopian Airlines is null and void after determining the issues in the suit and plans to establish the national carrier, Nigeria Air,…
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