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Access Holdings - Page 5

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Top 10 Nigerian Banks With Highest Customer Deposits

Over the years, banks have become a safer option for Nigerians to safeguard their funds from robbery or natural disasters like flood that could displace a whole community or fire that could engulf a whole building unannounced. The Nigerian banking system operates

January 16, 2023

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

Business

Access Holdings Pulls Out Of Sidian Bank Acquisition, As Both Firms Disagree On Conditions

Access Holdings, the parent company of Access Bank, has announced it will no longer go ahead with the acquisition of Sidian Bank Limited from Kenyan-based Centum Investment Plc. The Nigerian creditor had disclosed in June 2022 that it was in discussion with

January 13, 2023

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business

Access Holdings To Acquire Sigma Pensions, As PENCOM, FCCPC Approve Deal

Access Holdings has revealed plan to acquire Sigma Pensions Limited through its subsidiary, First Guarantee Pensions Limited (FGPL) after receiving regulatory approval. Both National Pension Commission (PENCOM) and the Federal Competition and Consumer Protection Commission (FCCPC) approved the deal, a statement released

October 25, 2022

Business·FEATURES·Insights

GTCO, Zenith Bank, Seven Others Lose Revenue Market Share, As Industry Generates N3.14 trillion

Guaranty Trust Holding Company (GTCO), Zenith Bank and five other banks lost their revenue market share in the financial industry in the First Half (H1) of 2022, amid competition from Wema Bank and Access Holdings. Prime Business Africa analysed the financial statements

October 11, 2022

Business

Sterling Bank’s New HoldCo Pits Company Against GTCO, Access Holdings

Sterling Bank has established its HoldCo, Sterling Financial Holdings Company Limited, to compete for market share against Guaranty Trust Holding Company, Access Holdings, and other industry rivals. In a statement released on Monday, and obtained from the Nigerian Exchange Limited (NGX), Sterling

September 26, 2022

Business·Finance & Economy·Insights

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

A total of 32,992 fraud cases were perpetrated through the financial system of tier-1 Nigerian lenders, Guaranty Trust (GT) Bank and Access Bank in 2021, more than both firms recorded the previous year. This number is 90.5% higher than the fraudulent activities

June 17, 2022

Business·Markets

How Zenith Bank, UBA, Two Other Banks Lost N28.35 billion In Six Hours

The most valuable financial institutions in Nigeria, Zenith Bank, Guaranty Trust Holding Company (GTCO), Access Holdings and United Bank for Africa (UBA) lost a combined N28.35 billion after trading hours on Thursday. Analysis of their bourse performance by Prime Business Africa showed

June 10, 2022

Business·Finance & Economy

Nigerian Billionaire, Herbert Wigwe Splash N15 billion On Kenyan bank, As Access Bank Acquires Fifth Firm

Access Bank, the subsidiary of Access Holdings, owned by Nigerian billionaire, Herbert Wigwe, has acquired Sidian Bank, based in Kenya, almost a year after the Nigerian lender tookover Transnational Bank, another firm in the East African country. In a statement released to

June 8, 2022

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Access Holdings - Page 5

Top 10 Nigerian Banks With Highest Customer Deposits

Access Holdings Pulls Out Of Sidian Bank Acquisition, As Both Firms Disagree On Conditions

Access Holdings To Acquire Sigma Pensions, As PENCOM, FCCPC Approve Deal

Sterling Bank’s New HoldCo Pits Company Against GTCO, Access Holdings

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

How Zenith Bank, UBA, Two Other Banks Lost N28.35 billion In Six Hours

Nigerian Billionaire, Herbert Wigwe Splash N15 billion On Kenyan bank, As Access Bank Acquires Fifth Firm

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