AMCON CEO, Ahmed Kuru, Receives Award from NIPSS

R-L: Mr. Ahmed Lawan Kuru, Managing Director, Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), receiving an award from the President of the Alumni Association of the National Institute (AANI), Mr. Khaleel Bolaji, mni at the Presidential Dinner for the Graduating Senior Executive Course 40 Participants at Army Headquarters Command Officers’ Mess, Asokoro, Abuja recently.

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Topics

Socio-economic Challenges Sink African PC Market

The African PC market sank to new lows in the second quarter of the year amid a slowdown in GDP growth, increasing unemployment, and the strengthening of the dollar against many of the continent’s currencies. Figures released today by International Data Corporation (IDC) show that the market followed up its first-quarter decline of 11.8% with a 26.7% year-on-year downturn in shipments during Q2 2015, the largest slump the market has ever suffered. While IDC believes that the PC market will continue on its downward trajectory into Q3 2015, growth is expected to pick up from the last quarter onward.

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