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ACCESS HOLDINGS
Access Holdings' shares have rebounded, returning to positive territory following a temporary decline of 6.26% on Monday, attributed to the unfortunate passing of Herbert Wigwe, the former Group CEO of Access Holdings.
Access Holdings Plc has made a decisive move in leadership continuity by appointing Ms. Bolaji Agbede as the Acting Group Chief Executive Officer.
Access Holdings’ share price fell by 6.26% today as the group’s shareholders mourn the demise of Herbert Wigwe.
After an initial bullish run in the NGX this year, which saw the introduction of six new stocks into the category of stocks worth over N1 trillion (SWOOTs) namely United Bank for Africa, Access Holdings, Transcorp Hotels, FBN Holdings, Geregu Power, and Dangote Sugar Refinery the number of stocks in the SWOOTs category increased to fourteen.
In a groundbreaking move set to redefine the landscape of pension industry, Access Holdings has acquired a controlling stake in ARM Pensions.
Access Holdings Plc has disclosed that Access Golf Nigeria Limited, a majority shareholder of Access Pensions Limited and a subsidiary of Access Holdings, has received the necessary regulatory clearances for its proposed acquisition of a majority equity stake in ARM Pensions Managers (PFA) Limited (ARM).
Access Holdings has announced that its flagship subsidiary, Access Bank PLC (Access Bank) has entered into a definitive agreement with the Ugandan-based Finance Trust Bank (FTB) and its selling institutional shareholders for the acquisition of a majority equity stake in FTB.
These stocks present investors with an opportunity to enjoy both substantial dividends and significant share price appreciation as they gear up for a strong performance in 2024.
Nigerian leading commercial banks recorded significant FX revaluation gains estimated at a combined gain of about N1.7 trillion in the first half of 2023, a significant increase compared to a combined gain of N66.559 billion in H1 2022.
Nigeria's banking sector has shown remarkable resilience and performance in the first half of 2023, despite the challenging economic and regulatory environment.
These are the top banks in Nigeria with the highest account maintenance revenue in H1 2023
Last week, there were some major share acquisitions by Herbert Wigwe and Tony Elumelu in Access Holdings and UBA.