The former Permanent Secretary in the Federal Ministries of Internal Affairs, Ajoritsedere Awosika, has acquired 7.10 million shares in Access Bank. Awosika splashed N57.9 million into...
Nigerian banks got the most from their employees in 2020, on the back of adopting new technologies. Ripples Nigeria analysis of financial statements of eight commercial...
Amid several trade activities last week, few companies in the Nigerian stock market caught the eyes of Ripples Nigeria Stocks Watchlist through their capital market activities....
February is the month of love, but investors seem to have none for Access Bank at the stock market as Ripples Nigeria discovered one week-long sell-off...
Access Bank Plc said it had acquired Zambia-based Cavmont Bank Limited through Access Bank Zambia Limited. The takeover, a product of the lender’s satisfaction of major...
Staff of an outsourcing company, Integrated Corporate Services Ltd on Wednesday protested their sacking in front of Access Bank headquarters, Lagos. The workers in their hundreds...
The market was dominantly bearish last week as losses swept across trade sessions Monday through Friday save for Wednesday, with the developments and other fundamental factors...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
Access Bank Plc has been alleged of illegally barring access to an account used for the promotion of the media coverage of the #EndSARS protests and...
A branch of Access Bank on Adetokunbo Ademola Street, Victoria Island, Lagos State was on Wednesday gutted by fire. A part of the building went up...
Access Bank Plc Monday declared it had concluded the takeover process of Kenya’s Transnational Bank Limited, nearly eight months after the deal was brokered. The transaction...
Access Bank Plc will buy a hundred per cent stake in Lusaka-based Cavmont Bank in an effort to broaden its market in Southern Africa and consolidate the business...
Access Bank Plc has formally contradicted the claim that it is preparing to retrench 75% of its workforce and shut down over 300 of its branches...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Access Bank Plc has revealed its intention to embark on mass retrenchment of staff, pay cut for the rest of its workforce and closure of several...
Access Bank Plc has reported a N218.790 million or 0.53% plunge in its First Quarter 2020 profit compared to the same period of 2019. The full account...
Access Bank Plc has concluded a cross-border listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE), making it the first Nigerian commercial...
The downturn in the equity market has not yet abated with stocks losing 13.49% in value and the All Share Index (ASI) declining at the same...
Access Bank Plc, has announced a 3.6% growth in its earnings to N97.510 billion at Full Year 2019. This and other highlights of the lender’s performance...
Access Bank PLC, is set to attain a new milestone as it announced on Monday it would float a N15 billion green bond on the Luxembourg...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities while not forgetting the tech/economy...
Access Bank Plc has expanded into Kenya, to take over Nairobi-headquartered Transnational Bank Plc. A strategic masterstroke by all measure, venturing into Kenya positions the bank...
Access Bank Plc, on Wednesday, notified the Nigerian Stock Exchange (NSE), of the nod given it by the Nigeria’s apex bank, the Central Bank of Nigeria...
The Market Capitalisation of the Nigerian stock market crossed the N15 trillion mark today as the listing of the 33.8 billion shares of BUA Cement Plc...
The Nigerian Stock Exchange (NSE) seems to be finding its footing as the bourse have had 2 weeks closing bullish and depleting the losses. Last week...
The Nigerian Stock Exchange closed the week on a bearish note despite having 3 days of bullish trade. The market opened at 26,348.73 basis points and...
The Central Bank of Nigeria (CBN) has given a tier 1 lender, Access Bank a “No Objection” approval for its proposed acquisition of controlling equity interest...
Nigeria tier-1 banks, Access Bank, FBN Holdings, Guaranty Trust Bank, United Bank for Africa, and Zenith Bank, also referred to as the FUGAZ, made a total...
The Nigerian Stock Exchange (NSE) had 4 days of bearish sessions that even one day bullish run could not overturn. Within this period a lot of...
Tier 1 lender, Access Bank has released an impressive financial statement for the period ended September 30, 2019, with profit after tax increasing by 44.23%. The...
A Central Bank of Nigeria’s (CBN) Financial Stability Report for 2018 has shown that seven banks are not adequately funded if there was a bank run...
Hello, it’s Sunday again. And, here is another serving of Business Wrap, a featured post highlighting some of the major events that unfolded during the week...
When Europe’s current seventh most valuable company, Unilever, was founded in September, 1929, following the merger between Dutch margarine producer, Margarine Unie and the British soap...
AFC approves $230 million loan for 9mobile – NEWS From Etisalat to 9mobile – the story in between Company’s debt history What’s the future? Technically, the...
Embattled Senator Peter Nwaoboshi, Representing Delta North senatorial zone has declared that the Federal High Court in Abuja lacks jurisdiction to order an interim forfeiture of...
Embattled Senator Peter Nwaoboshi is swimming deeper in troubled waters, as an Abuja Division of the Federal High Court has ordered the interim forfeiture of his...
MTN Nigeria Communications Plc has signed a medium term N200 billion loan facility with seven Nigerian banks for a period of seven years. Speaking at the...
The 2019 general elections and the heated political climate in the country have taken a toll on the nation’s stock market, as investors on the Nigerian...
Access Bank Plc Thursday disclosed that its business combination deal with Diamond Bank Plc, which aims to produce Africa’s largest retail lender by customers will be...
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) has granted approvals in principle for the merger of Access and Diamond banks....
The nation’s stock market, for the first time in 2019, posted slight gain after the close of trading on the floor of the Nigerian Stock Exchange...
The ongoing merger process between Access and Diamond banks has impacted negatively on the shares of Access Bank Plc, as it emerged the biggest loser at...
The Central Bank of Nigeria (CBN) has approved the merger of Diamond Bank with Access, returning a no Objection verdict. The CBN gave the approval in...
There are conflicting reports trailing the move by Access Bank Plc to acquire Diamond Bank Plc, after denials by both banks that they are in merger...
Global rating agency, Fitch Ratings, has said the operations of banks in Nigeria are being constrained by the operating environment in the country. Fitch, which stated...
By Reuben Abati … A week ago, I stumbled on an article titled “Africa and the burden of Leadership” (The Guardian, Nov. 7), written by Aigboje...
Two commercial banks in the country, Diamond Bank Plc and Access Bank Plc have denied reports that the two banks are in merger or acquisition talks....
Access Bank is set to add Diamond Bank’s portfolio to its assets in the next few months, The Nation has learnt. Talks on the acquisition are...
Activities at the floor of the Nigeria Stock Exchange (NSE) on Wednesday closed on a negative note amid renewed profit taking in market bellwether after recording...
Despite the improving macroeconomic environment, the banking industry seems likely to continue to grapple with Non-Performing Loans (NPLs), in the short-term at least, as financial results...
