Nigeria’s Access Bank said Wednesday it had booked a 4 billion naira ($13 million) impairment on its loan to troubled telecoms firm 9mobile, formerly known as Etisalat Nigeria. Herbert Wigwe, Access Chief Executive said the bank had a direct exposure of 11 billion naira to 9mobile, as well as
The board of directors of Access Bank Plc has concluded a plan to consider and approve the bank group audited financial statements for the year ended December 31, 2016. A statement from the company said the meeting which is scheduled for Thursday, January 26, 2017, will also consider other agenda items, including payment of final dividend. […]