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Access Holdings - Page 6

NGX: Access Holdings, FBNH Join UBA In N1trn Market Cap Club

Access Holdings Plc and the First Bank of Nigeria Holdings on Tuesday, made waves on the Nigerian Exchange Limited, catapulting into the exclusive N1 trillion market capitalization territory. Reflecting on this, an executive from AccessCorp said: “This achievement underscores our dedication to

January 10, 2024

Africa·Business

Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Access Holdings Plc has unveiled its half-year financial performance, showcasing a remarkable surge in pre-tax profits, which soared by 71.39% year-on-year, reaching an impressive N167.601 billion. While the headline numbers are impressive, a deeper dive into the report reveals a nuanced tale

September 23, 2023

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

Business

Standard Chartered Sells Subsidiaries In Four African Countries To Access Bank

Access Holdings’ banking division, Access Bank, has agreed to acquire the subsidiaries of Standard Chartered in four African countries, amid its expansion drive. Access Bank offered to purchase Standard Chartered’s subsidiaries in Angola, Cameroon, Gambia and Sierra Leone, after the latter announced its

July 14, 2023

Business

Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria

The personnel expenses of major Nigerian companies have increased to about N1 trillion in 2022, rising from N900 billion the year before, as the workforce skyrocket across several sectors. Note that the stated personnel expenses were drawn from 50 publicly listed companies

May 24, 2023

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business

CBN Fines Access Bank N604 million For Breaching 3 Regulatory Orders

The Central Bank of Nigeria (CBN) fined Access Bank N604 million for wrong account opening with mismatched details, breaching foreign exchange (forex) guidelines and one other contravention. Prime Business Africa learnt CBN also sanctioned Access Bank for breach of accounts administration agreement,

April 24, 2023

Business

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

Access Holdings has revealed that its profit after tax plummeted in 2022, as the financial institution closed last year with N152.90 billion. The net profit dropped by N7.19 billion between January to December last year, considering Access Holdings recorded N160.09 billion within

April 20, 2023

Business

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Access Holdings Plc has invested $300 million in Access Bank in the face of insolvency fear in the global banking industry. In the circular released to investors and shareholders on Tuesday, via Nigerian Exchange Limited (NGX), Access Holdings said the $300 million

April 4, 2023

Business

Access Bank Receives Approval To Acquire African Banking Corporation In Zambia

The Central Bank of Zambia has given approval to the acquisition of African Banking Corporation Zambia Limited by Access Bank. In a statement released on Friday, 24 March 2023, by Access Holdings Plc, the parent company of Access Bank, it was revealed that

March 24, 2023

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

Business·Insights

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

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Access Holdings - Page 6

NGX: Access Holdings, FBNH Join UBA In N1trn Market Cap Club

Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Standard Chartered Sells Subsidiaries In Four African Countries To Access Bank

CBN Fines Access Bank N604 million For Breaching 3 Regulatory Orders

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Access Bank Receives Approval To Acquire African Banking Corporation In Zambia

Top 10 Nigerian Banks With Highest Customer Deposits

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

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Access Holdings - Page 6

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