The Group Managing Director of Access Bank, Herbert Wigwe has said that the bank may sack some of its staff due the COVID-19 pandemic that has ravage the world. The GMD, Wigwe, speaking during a video conference with some of the bank’s staff said :’We probably don’t need as many securitymen as required, even to […]
In supporting the federal government at promoting agricultural businesses as well as Small and Medium Enterprises, four banks in the country have contributed N54.6 billion to Central Bank of Nigeria (CBN) Agri-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS) in 2019. Investigation by our correspondent revealed that Access Bank Plc, among three banks, had contributed N34.1 […]
Access Bank has completed the listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE). The 15.50% fixed rate, the unsecured climate-credential green bond is the first of its kind to be issued by a Nigerian corporate and represents a major milestone in the development of the local green finance market. The […]
…proposes N0.40 final dividend Access Bank Plc in its audited financial for the year ended December 31, 2019, has crossed N7trillon threshold in total assets following an increased performance in loan to customers and deposits from customers. The financial institution last year merged with Diamond bank Plc to become one of the leading Domestic- Systematic Important […]
Due to price appreciation in nine shares, the equities market segment of The Nigerian Stock Exchange (NSE) closed on positive note, as the NSE All-Share Index (NSE ASI) on Wednesday gained 0.02 per cent, sustaining previous day uptrend. Specifically, the NSE ASI rose by 6.53 basis points or 0.02 per cent to 27,878.43 basis points […]
Lagos – Access Bank Plc has unveiled series of deals and exciting offers to celebrate its customers in the Valentine season in a campaign tagged “It’s a Love Thing”. Mr Victor Etuokwu, the bank’s Executive Director, Retail Banking, said in Lagos on Wednesday that the campaign, the fourth in the series, had kicked-off on Feb.11 […]
With the 2020 Access Bank Lagos City Marathon fast approaching, the headline sponsor and Africa’s largest bank in terms of retail size, Access Bank Plc has reiterated that its sponsorship of the race is geared towards improving the economic and social outlook of the state. While speaking about the marathon, the Group Managing Director of […]
Access Bank Plc has vehemently denied reports that its group managing director, Mr. Herbert Wigwe has been arrested by the Economic and Financial Crimes Commission (EFCC) over allegations of fraud. Some online news sites had reported that the Access Bank boss was arrested for his connection with the assets of former Abia State governor, Orji […]
Access Bank Plc. has hit one billion naira daily in loan value through its expanded digital lending portfolio. Mr Victor Etuokwu, the bank’s Executive Director, Retail Banking, stated this in Lagos on Tuesday. Etuokwu said its expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, had […]
Mnay customers of one of Nigeria’s bank Access Bank have taken to Twitter on Thursday to decry what some describe as bad service. Below are some of the tweets from Access Bank’s customers Access Bank that has been playing with my brain since, sometimes I got debit alert twice of my PiggyVest. Mobile app is […]
The stock price of five banks out of 12 sanctioned by the Central Bank of Nigeria (CBN) on Thursday depreciated on The Nigerian Stock Exchange (NSE). The apex bank on Wednesday debited 12 banks who failed to meet the initial deadline of 60 per cent Loan to Deposit Ratio (LDR) by September 30, 2019, in […]
The equities market segment of the Nigerian Stock Exchange (NSE) on Thursday continued on a downward trend as investors’ investment declined by N112 billion on the back of sell-offs in high capitalised stocks. The All Share Index (ASI) decreased by 229.18 absolute points, representing a dip of 0.84 per cent to close at 27,085.69 points. […]
Temitope Adebayo The Nigerian equities market of the Nigerian Stock Exchange (NSE) resumed trading week on Monday with a loss of 0.74 per cent, following losses achieved by medium and large equities. Specifically, the All Share Index (ASI) shed 204.68 points or 0.74 per cent to close at 27,574.32 against 27,779.000 achieved on Friday. Similarly, […]
Motolani Oseni Due to persistent sell pressure, equities market of the Nigerian Stock Exchange (NSE) continued its bearish movement to lose N28billion at the close of Monday trading activities. The stock market benchmark index, NSE All Share Index (ASI) dropped by 56.73 basis points or 1.25 per cent close the week at 28,847.81 basis points […]
Temitope Adebayo The Nigerian Stock Exchange equities market segment on Thursday reverted the gains in the previous trading session, following the All-Share Index (ASI) declined by 0.66 per cent on losses in Dangote Cement, MTN Nigeria, 12 other stocks. The All Share Index fell by 181.45 basis points or 0.66 per cent to 27,425.57 basis […]
Andrew Orolua – Abuja The Federal High Court in Abuja on Monday set aside its earlier order of forfeiture of 11 houses and 22 bank accounts linked to Senator Peter Nwaoboshi. Justice Taiwo Taiwo vacated the interim forfeiture order made on July 2 while delivering judgment on the application filed by Sen. Nwaoboshi challenging the […]
Temitope Adebayo Trading on the Nigerian bourse opened for the week on Monday on a negative trend with the market capitalisation dropping by N6 billion or 0.05 per cent to close at N10.973 trillion against N10.979 trillion on Friday. Also, the All-Share Index which opened at 29,212.00 lost 15.13 points or 0.05 per cent to […]
Motolani Oseni At the close of yesterday trading activities on Nigerian equities market of the Nigerian Stocks Exchange (NSE), trading remains on a bearish trend with the All-Share Index (ASI) shed 219.35 points or 0.74 per cent to close at 29,521.06 compared to 29,740.41 recorded on Friday. Also, the market capitalisation lost N82 billion to […]
Ladesope Ladelokun Information Communication experts have faulted Nigerian banks on the usage of Foreign Solutions. This call was made in Lagos at a Stakeholders Round table on the Use of Nigerian Software in the Financial Sector themed, Adoption and Development of Local Content Technology as Growth Drivers for the Nigerian Economy. The round table was […]
Temitope Adebayo Access Bank Plc has vehemently denied any wrongdoing in the alleged sale of a customer’s goods worth N2.5 billion. The Police Special Fraud Unit in Lagos had charged Access Bank Plc, its Managing Director and Chief Executive Officer, Herbert Wigwe, and others with 21 counts of conspiracy, fraudulent disposal of trust property, fraudulent […]