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AMCON Assets Decline to N1.29 Trillion Amidst Wind-Down Efforts

The Asset Management Corporation of Nigeria (AMCON) reported a 29.8% decline in total assets to N1.29 trillion for 2025, down from N1.84 trillion in 2024. According to the Central Bank of Nigeria’s 2025 financial statements, this reduction is primarily due to changes in accounting for the Banking Sector Resolution Sinking Fund, as the obligation was settled prior to the finalization of the statements. Despite the asset base contraction, AMCON achieved N113.04 billion in cash recoveries during the year, bringing cumulative recoveries since inception to N2.535 trillion as it continues its wind-down mandate.

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