Access Holdings – Page 3 of 4 – Prime Business Africa

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,

Emmanuel Ochayi

1 year ago

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,

Fakoyejo Olalekan

1 year ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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,

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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Access Holdings - Page 3

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

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

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