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Access Bank - Page 3

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

Top 5 Revenue-generating Nigerian Banks – Access, Zenith, UBA, FBN’s Market Share

The top five revenue-generating banks in the financial industry reported a combined N2.23 trillion turnover within the first nine months of 2022. According to the 2022 Nine-Month period financial statements of the firms analysed by Prime Business Africa, it was gathered that

February 27, 2023

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Business

VIDEO: Female Student Suffers Panic Attack In Access Bank, Security Snubs Her

A female student allegedly suffered a panic attack at the Access Bank branch in Rivers State University, Port Harcourt, as Nigerians struggle to access their money from banks across the country. In a video recorded on Wednesday, 8 February 2023, by Aka

February 8, 2023

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business·Insights

Access Bank GMD, Herbert Wigwe, Suffers Investment Loss, Tightens Control Over Firm

The value of investment owned in Access Bank by the Group Managing Director/Chief Executive Officer, Herbert Wigwe, has fallen despite increasing his stake. As of December 31, 2021, Wigwe owned 1.51 billion shares of Access Bank worth N14.11 billion, however, the banker

November 8, 2022

Naira Scarcity: Zenith Bank's Profit Drops To N223.91bn, Faces N967bn Lawsuits

Business

Zenith Bank, GTBank, Seven Others Risk Credit Downgrade Over Struggle With Forex

Zenith Bank Plc, Guaranty Trust Bank Limited (GTBank), First Bank of Nigeria (FBN) Limited and six other Nigerian banks have been listed for a possible downgrade in their credit ratings by Moody’s, one of the leading credit rating agencies. Moody’s said the

October 17, 2022

Business·Insights

Best Performing Bank Stocks H1: Investors Sell Off GTCO, Zenith Bank Shares To Buy Wema, Others

Shareholders of United Bank for Africa (UBA), Guaranty Trust Holding Company (GTCO), Access Corporation and Zenith Bank suffered heavy losses in the Nigerian Stock Exchange during the First Half (H1) of 2022. Investors snubbed the tier-one commercial banks, resulting to a sell

October 9, 2022

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Business

Access Bank To Acquire Shares Of Portuguese Investor In Angolan Bank, Finibanco

Access Bank and Montepio Holding SGPS S.A have entered into an agreement for the acquisition of Finibanco Angola S.A, as the Nigerian bank expands its operation in the African market. In a statement dated October 4, 2022,which was sent to the investing

October 5, 2022

Business·FEATURES·Insights

Best Performing Tier-1 Nigerian Banks: Zenith Bank Underperforms, UBA Tops List

At the end of the second quarter of 2022, United Bank for Africa (UBA) was the best performing financial institution amongst the tier-1 banks in Nigeria, with Zenith Bank ranking bottom of the list. In an industry analysis of the tier-1 banks,

September 26, 2022

Business

First Bank Completes Acquisition Of Access Bank‘s Pension Business

First Pension Custodian Nigeria Limited, the subsidiary of First Bank of Nigeria, has fully taken over possession of Access Pension Fund Custodian Limited, the pension subsidiary of Access Bank. In a statement released by Access Holdings, the company disclosed that the entire

September 1, 2022

Business·Markets

Nigerian Stock Market Capitalisation Falls To N26.61 trillion

Nigerian market capitalisation closed at N26.61 trillion, after the bourse depreciated by -0.05 percent on Monday, losing N13.99 billion from the previous day’s N26.62 trillion. The crash was on the back of the All-Share Index losing 25.95 basis points from Friday’s 49,370.62

August 22, 2022

Business

Access Bank To Deny Non-account Holders Access To Dollar, Others In Five Months, Set FX Allocation Limit

Access Bank has reviewed its foreign currency allocation for Maintenance/Upkeep of Nigerian students in foreign tertiary institutions, as dollar scarcity extends into the second half of the year. The bank said abroad students limited maximum allocation to $1,500 per year, stating that

July 17, 2022

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Access Bank - Page 3

Top 5 Revenue-generating Nigerian Banks – Access, Zenith, UBA, FBN’s Market Share

VIDEO: Female Student Suffers Panic Attack In Access Bank, Security Snubs Her

Access Bank GMD, Herbert Wigwe, Suffers Investment Loss, Tightens Control Over Firm

Zenith Bank, GTBank, Seven Others Risk Credit Downgrade Over Struggle With Forex

Best Performing Bank Stocks H1: Investors Sell Off GTCO, Zenith Bank Shares To Buy Wema, Others

Access Bank To Acquire Shares Of Portuguese Investor In Angolan Bank, Finibanco

Best Performing Tier-1 Nigerian Banks: Zenith Bank Underperforms, UBA Tops List

First Bank Completes Acquisition Of Access Bank‘s Pension Business

Nigerian Stock Market Capitalisation Falls To N26.61 trillion

Access Bank To Deny Non-account Holders Access To Dollar, Others In Five Months, Set FX Allocation Limit

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Access Bank - Page 3

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