Prime Business Africa
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.
Join our WhatsApp ChannelFollowing 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.
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Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.
Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.
He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.
Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.
