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Profit-takers Cost Access Bank N16bn As Investment In E-Tranzact Declines

November 19, 2025
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Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Access Bank’s investment value in E-Tranzact International Plc has declined by 26.18 percent since the share price of the electronic payment solutions company reached an all-time high (ATH) for 2025 on September 16, according to Prime Business Africa’s analysis.

Analysis by PBA showed that E-Tranzact’s share recorded a significant market rally between January 2 and September 16, appreciating from N6.50 kobo to N17.95 kobo, indicating a price increase of N11.45 kobo and a 176.15 percent gain for shareholders.

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Following the sharp surge in the value of the asset, E-Tranzact’s share has plummeted by 26.18 percent within two months, indicating equity investors are locking in gains and the asset is undergoing a price correction.

This has led to the share price of E-Tranzact dropping by N4.7 kobo between September 16, when the share traded at N17.95 kobo, to N13.25 kobo as of November 19.

As a result, Access Bank, the majority shareholder of E-Tranzact with a 37.56 percent stake, has lost N16.24 billion, as the financial institution’s investment value in the company has dropped in value, from N62.03 billion to N45.78 billion within the period under review.

A broader look showed that all the shareholders of E-Tranzact have lost N43,23 billion within two months, with Access Bank accounting for 37.56 percent of the loss.

Also, the market valuation of E-Tranzact has plunged to N121.89 billion as of November 19, from its all-time high of N165.13 billion.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline), email: publisher@primebusiness.africa and editor@primebusiness.africa

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