AMCON Rakes In N108bn Profit In 2023

AMCON Rakes In N108bn Profit In 2023

Leadership | 26-06-2024 07:12pm |

Despite challenging macroeconomic conditions coupled with economic headwinds, Asset Management Corporation of Nigeria (AMCON) said it achieved a triple-digit growth of 212 per cent in its profit from N34.730 billion in 2022 to N108.433 billion in 2023. AMCON in a statement disclosed that fair valuation gains on Eligible Bank Assets (EBAs) increased to N40.9 billion [...]

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