Business - January 26, 2026

CBN: AMCON Cash Recoveries Climb 28% to ₦66.1bn

Ukpono Nsima January 26, 2026

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AMCON’s cash recoveries rose by 27.87% to ₦66.12 billion in the first half of 2025 (H1’25), up from ₦51.71 billion as of end-December 2024, according to the Central Bank of Nigeria’s Financial Stability Report (H1’25).

The CBN said the improved recovery performance helped reduce AMCON’s liabilities, while cumulative recoveries increased to about ₦2.43 trillion, reflecting sustained efforts to strengthen the corporation’s balance sheet.

Total recoveries climbed to ₦2.43 trillion

The report shows AMCON’s total recoveries rose by 4.42% to ₦2,426.35 billion from ₦2,323.68 billion in the preceding period.

Those recoveries were made up of:

Cash recoveries: ₦984.52 billion
Other collections: ₦1,291.95 billion
Asset forfeiture: ₦149.90 billion

The “other collections” category reflects recovery channels beyond direct cash inflows. It includes proceeds from property and share sales, rental and dividend income, sale of bridge banks, and re-investment income—highlighting a diversified approach to asset recovery.

Treasury income improves slightly

AMCON also recorded a modest rise in investment income from treasury operations. The CBN report put treasury income at ₦15.22 billion, a 2.08% increase from ₦14.91 billion in the prior half-year period.

Liabilities fell, while assets declined on disposals

On the liability side, the carrying value of AMCON’s liabilities dropped by 7.84% to ₦5,241.54 billion, down from ₦5,687.36 billion at end-December 2024. The CBN attributed this to improved debt management and settlement of obligations.

However, AMCON’s total assets (net of impairment) declined by 30.97% to ₦1,267.66 billion from ₦1,836.33 billion in the second half of 2024,consistent with ongoing asset disposals and recoveries.

BSRCF collections hit ₦577.84bn

The report also disclosed that collections into the Banking Sector Resolution Cost Fund (BSRCF) amounted to ₦577.84 billion during the period, and AMCON applied the funds toward meeting obligations on its issued securities.