Access Bank has entered into a partnership with Guangzhou Automobile Group (GAC Motors) to enable more Nigerians to have access to finance for affordable vehicles. The partnership allows customers of the bank access finance to purchase the latest brands of GAC at discounted price with a reduced interest rate. Speaking at the signing of Memorandum […]
FirstBank has pledged its support for the 2017 Annual Awareness Week of the Down Syndrome Foundation, which began on Monday, October 23; and ends on October 27, 2017. The 2017 edition is not the first time the bank is supporting this initiative, as the bank has over the last 8 years partnered and participated in […]
Ebere Chibuzor Telecom company, MTN Nigeria and Access Bank have partnered South-West Hoteliers’ Association Of Nigeria with the aim of inspiring growth and encouraging the nation’s tourism sector. Regional and SME sales Manger Enterprise Solutions Division,Musibau Olanrewaju, disclosed this in an interview with The Daily Times at the just concluded 2017 Conference, held at Administrative […]
Investigations into how well some of Nigerian Bank directors believe in their organization has revealed that quite a number of them have surprisingly low stakes in the banks they head, leaving investors to wonder how ready, they truly are in improving the fortunes of these organizations. In analyzing the financial positions of six of Nigeria’s […]
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 an exposure of 35-39 billion naira […]
Access Bank Plc has announced the final redemption of the $350million Eurobond Notes due July 25, 2017. The Securities were issued in 2012 by Access Finance B.V. a direct, wholly owned subsidiary of the Bank on the back of an unconditional and irrevocable guarantee of the Bank. In October 2016, holders of $113 Million of […]
… Raise concern over regulators induced stress on companies Shareholders of Access Bank Nigeria Plc have raised concern over on going stress on listed companies occasioned by regulatory provisions. The cross section of shareholders reechoed the issue at the Access Bank’s Annual General Meeting in Lagos on Wednesday, shortly after endorsing final dividend payment of […]
Guaranty Trust Bank, Access Bank and Zenith Bank are set to take over telecommunications firm, Etisalat, over unpaid N541.8billion debt. According to the report, the move follows the failure of the Nigerian Communication Commission (NCC) to broker a peaceful resolution between Etisalat Nigeria and a consortium of banks. The consortium of some foreign and the […]
It is no longer news that there is need to have an urgent, coordinated and sustained response to combat HIV/AIDS in Nigeria. This, can only be result driven when there are early government-led efforts that seeks to help coordinate public and private sector activities as well as the arrival of significant international funding. In a […]
Lagos city was shut down earlier today as thousands of Lagosians and Africans thronged out in participation of the just concluded 2017 Lagos city marathon. Most intriguing of these participants, is seven year old Damilola Oluwaseyi who completed the 42 kilometres long race (Children category). Also breaking a record, was Kenya’s Abraham Kiptum who emerged […]
Access Bank Plc has sought the permission of the Nigerian Stock Exchange (NSE) to submit its half year audited financial statements not later than August 31, 2016. The Bank noted in a regulatory filing with the NSE that its Board of Directors will be meeting on July 28, 2016 to approve the Bank’s Half […]
Access Bank Plc has impressively navigated the heady winds which challenged the financial sector in 2014 to post a Profit after tax of N43.06 billion, signifying a 19.5 per cent improvement for the financial year ended December 31, 2014 from N36.03 billion recorded in the same period of 2013. The Bank’s Gross earnings for […]