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Maroc Maroc - NIGERIANFRANKNEWSNG.COM - A La Une - 25/Jun 21:37

AMCON declares impressive 2023 Financials, rakes in over N108b

Despite challenging macroeconomic conditions coupled with economic headwinds, Asset Management Corporation of Nigeria (AMCON) achieved a remarkable triple-digit growth of 202% from NGN34.730 billion in the previous year to NGN108.433 billion in 2023. This was contained in the latest press release issued today by Mr. Jude Nwauzor, Head Corporate Communications Department of the debt recovery agency of the Federal Government. A breakdown of this impressive achievement showed that AMCON, which is currently led by Mr Gbenga Alade as Managing Director/Chief Executive Officer achieved a Year-on-Year (YoY) growth in profit of 212% from N34.730 billion in the financial year, which ended […]

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