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HomeEconomyAMCON Recovers N17.08bn Loans in 6 Months

AMCON Recovers N17.08bn Loans in 6 Months

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The Asset Management Asset Management Corporation of Nigeria (AMCON) recovered a total of N17.08 billion within six months, while total assets forfeited in settlement of loans was N633.22 million.

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These brought the cumulative recoveries to N971.13 billion, comprising cash of N549.89 billion, and asset and shares forfeiture of N421.24 billion.

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