• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Access Bank Plc cancels Extra Ordinary General Meeting

Onome Ohwovoriole by Onome Ohwovoriole
January 21, 2019
in Business News, Company News
Access Bank and Union Bank, Access Bank, CBN, Creative Industry Financing Initiative, CIFI

Access Bank former logo and outlook before merger with Diamond Bank

Share on FacebookShare on TwitterShare on Linkedin

Access Bank Plc has canceled an Extra Ordinary General Meeting, earlier scheduled to hold on February 1, 2019.

The tier one bank disclosed this in a notice sent a few minutes ago to the Nigerian Stock Exchange (NSE). It, however, gave no reason for the move.

The bank last week disclosed it had obtained approval in principle from the Central Bank of Nigeria (CBN) as well as Securities and Exchange Commission (SEC) with respect to its proposed merger with Diamond Bank Plc.

RelatedStories

Access Bank

Access Bank acquires Standard Chartered Tanzania operations amid CBN’s regulatory forbearance restrictions on foreign deals 

June 24, 2025
Access Bank

Inside Access Bank’s N180 billion claims against MTN 

June 13, 2025

During the briefing, the bank maintained there would be no job losses arising from the merger, as branches would not be closed.

“Staff will be retrained for new roles. Where there are overlaps, one of the branches can be converted to an e-branch or atm gallery.

“We are not about to make certain mistakes that we have done from the past. You will see some branches next door for the next year. Nothing will happen. We want customers to choose where Is convenient for them. There is no rush. We don’t want any service disruption.”

Prior to this 

The bank in December last year announced the planned EGM. Agenda was to obtain shareholders approval to raise additional equity to the tune of N75 billion. Proceeds were to be used to boost the bank’s capital base, post-merger with Diamond Bank Plc.

Access Bank closed at N5.60 in today’s trading session, unchanged from last Friday. Year to date, the stock is down 17.6%.

Results for the nine months ended September 30, 2018, show gross earnings increased from N365.1 billion recorded in 2017 to N375.2 billion in 2018.

Profit Before Tax dropped from N72 billion for the period in 2017 to N70.3 billion in 2018. Profit after tax, however, increased from N56.4 billion, in 2017 to N62.9 billion in 2018.


Follow us for Breaking News and Market Intelligence.
Tags: Access Bank Plc News
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

Access Bank
Company News

Access Bank acquires Standard Chartered Tanzania operations amid CBN’s regulatory forbearance restrictions on foreign deals 

June 24, 2025
Access Bank
Financial Services

Inside Access Bank’s N180 billion claims against MTN 

June 13, 2025
Access Bank completes acquisition of National Bank of Kenya to deepen presence in East Africa 
Corporate deals

Access Bank completes acquisition of National Bank of Kenya to deepen presence in East Africa 

June 2, 2025
Access Bank reaffirms commitment to diaspora financial inclusion, commends launch of NRBVN Platform
Companies

Access Bank reaffirms commitment to diaspora financial inclusion, commends launch of NRBVN Platform

May 27, 2025
EFCC, NOUN, Sunflower Hotel
Financial Services

Alleged N5.7 billion fraud: EFCC witness reveals how ex-Bank employee accessed customers’ accounts 

May 16, 2025
#NoNoiseJustSigns: Access Bank unveils DiamondXtra Season 17, to reward customers with over N200m
Companies

#NoNoiseJustSigns: Access Bank unveils DiamondXtra Season 17, to reward customers with over N200m

May 15, 2025
Next Post
FinTechs: A Space:1999-esque revolution in financial services

Fintech companies to watch out for in 2019  

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • UAE to introduce four new visa categories for AI, Events, others from August 10 
  • Jigawa Govt allocates over N4.2 billion for flood mitigation and emergency response 
  • Nigeria to US Government: Your ‘Visa policy’ places disproportionate burden on Nigerian travellers 

Follow us on social media:

Recent News

UAE

UAE to introduce four new visa categories for AI, Events, others from August 10 

July 10, 2025
Lagos state govt warns communities near rivers and lagoons of dangerous flash floods 

Jigawa Govt allocates over N4.2 billion for flood mitigation and emergency response 

July 10, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics