Nigerian Banks forex revaluation gains estimated at N3.3 trillion, GTCO, Zenith Bank, Access Corp top list
Nigeria's leading commercial banks recorded significant FX revaluation gains, estimated at a combined total of N3.37 trillion in 2023 and ...
Tag: Access Holdings
Recapitalization: Banks to spend N186 billion on IT infrastructure from offer proceeds
Three major Nigerian banks—GTCO, Access Holdings, and Fidelity Bank—are set to allocate a total of N186 billion ($244 million) from ...
Access Holdings: Success in acquisition, struggle with shareholder value
Access Holdings has since blown past competing with Nigerian banks and has now set its sights on the continent. This ...
Nigerian Banks incur N575.168 billion in taxes in 2023 as FG plans 50% Windfall tax
In 2023, eleven Nigerian banks incurred a total of N575.168 billion in taxes, marking a significant 175% increase compared to ...
Access Bank targets top 20 status in the UK with $1 billion annual profit goal’- Ogbonna
Managing Director of Access Bank, Mr. Roosevelt Ogbonna has said that Access Bank UK, a wholly owned subsidiary of Access ...
Access Holdings explains why its issued shares price is higher than market price
At the close of trading on June 9, 2024, Access Holdings' share price stood at N19.35, which is 2% lower ...
Access Holdings embarks on N351 billion rights issue to strengthen capital base
Access Holdings Plc has held a formal signing ceremony as part of the arrangements to raise a total of N351 ...
Best performing banks in Q1 2024 based on pre-tax profit
After an impressive financial performance in 2023, banks have continued to record impressive figures in the first quarter of the ...
Banks staff experience 44.3% increase in salaries as banks incur N800 billion in 2023
Commercial banks spent a total of N799.8 billion on staff salaries in 2023, representing a 44.3% increase when compared to ...
Tier-1 Nigerian banks earn N392 billion from electronic business in 2023
Nigerian tier-1 banks raked in N392 billion from electronic business in 2023 as more Nigerians embrace cashless transactions.
