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Access Bank nears final stages of National Bank of Kenya acquisition
News

SEC endorses extension of Access Holdings rights issue

The Securities and Exchange Commission has accepted the extension of Access Holdings Plc’s rights issuance until August 23. A statement from the financial institution indicated that its N351bn rights issue, earlier scheduled for Wednesday, has been extended due to the effects of the hunger protests across the country, according to The Punch. Access Holdings issued […]

Access Bank nears final stages of National Bank of Kenya acquisition
Banking News

Access Holdings target N10tn revenue by 2027

Access Holdings Plc target N10 trillion in revenue by 2027. This disclosure was made by the Chief Executive Officer of Access Bank, Roosevelt Ogbonna, at a ‘Facts Behind the Right Issue Presentation by Access Holdings Plc’ in Lagos on Tuesday, according to The Punch. He also stated that the estimate emphasized the company’s dedication to […]

Access Bank nears final stages of National Bank of Kenya acquisition
News

Access Holdings shareholders approve $1.5b capital raising

Shareholders of Access Holdings Plc endorsed the group’s proposal to establish a capital raising programme of up to $1.5 billion, along with a subset initiative to raise up to N365 billion through a rights issue during the 2nd Annual General Meeting held in Lagos on Friday. The proceeds from the rights issue are intended to […]

Banking

Access goes fully digital in N365bn capital raise

Access Holding, the parent company of Nigeria’s biggest bank, Access Bank, has announced a full digital subscription to its N365 billion rights issue. This disclosure was made in a notice filed with the Nigerian Exchange Limited. The firm said it intends to raise N365bn through the issue of shares to strengthen its capital base, support […]

Access Holdings reappoints Aigboje Aig-Imoukhuede chairman
News

Access Holdings reappoints Aigboje Aig-Imoukhuede chairman

Access Holdings Plc (referred to as ‘the Holdco’) has made a significant announcement regarding its leadership, revealing the return of Mr. Aigboje Aig-Imoukhuede, CFR, to the bank as its Non-Executive Chairman. This development comes as Mr. Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the former Chairman of the HoldCo, who transitions to the role of an Independent […]

Access Holdings stocks recover after leadership transition
News

Access Holdings stocks recover after leadership transition

By Melvin Onwubuke   After a temporary loss of 6.26% on Monday, Access Holdings shares rebounds to positive territory. The temporary decline could be attributed to the demise of the former Group Managing Director, Herbert Wigwe. According to nairametrics, inspite of this, Access Holdings share price has rebounded, recording a gain of 1.29% or 30k […]

Obi, Okonjo-Iweala, Onanuga mourn Access Bank CEO Herbert Wigwe
News

Obi, Okonjo-Iweala, Onanuga mourn Access Bank CEO Herbert Wigwe

The presidential candidate of the Labour Party in the 2023 presidential election, Peter Obi, has mourned the Chief Executive Officer of Access Holdings, Herbert Wigwe, who reportedly died in a helicopter crash in the United States. AMBusiness reported that Wigwe, alongside five others, including his wife, and son, as well as the group chairman of […]

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  • 11th February 2024
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Herbert Wigwe: Huge loss for Nigeria, tweeps mourn Access Holdings CEO
News

Herbert Wigwe: Huge loss for Nigeria, tweeps mourn Access Holdings CEO

Nigerians on X, formerly Twitter, have described the death of the Chief Executive Officer of Access Holdings, Herbert Wigwe, as a huge loss to the country. AMBuisness reported that the 57-year-old business mogul died in a helicopter accident in California near the Nevada border, United States of America. According to reports, this is the state’s […]

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