The Central Bank of Nigeria, CBN has secured three separate interim orders from a Federal High Court in Abuja to freeze bank accounts linked to 194 business entities and individuals in 17 banks. This was contained in a post by the apex bank on its website yesterday pursuant to the court order. The freeze orders […]
Tag: XNSA_ACCESS
Investors lost N116bn on Wednesday as sell pressures in MTN, Access Bank, Stanbic dragged the NSE-ASI
Charles Abuede The local bourse continued in its staggering movement on Wednesday due to selling pressures in MTN Nigeria (-2.9%), Access Bank (-3.6%), and Stanbic IBTC (-1.0%) which dragged the All-Share Index lower by 0.57 per cent to settle at 39,045.13 points. As a result, the market year to date loss worsened to -3.0 per […]
Nigeria’s Access Bank buys $60 million stake in South Africa’s Grobank
An Access bank signage is displayed on the roof of the bank’s building along Herbert Macualay way in Abuja, Nigeria, August 30, 2017. REUTERS/Afolabi Sotunde ABUJA (Reuters) – Nigeria’s biggest lender Access Bank has invested around $60 million to acquire a stake in South Africa’s Grobank, its chief executive said on Tuesday, to become the […]
Nigeria: Access Bank Grows Profit to N126 Billion, Recommends 55K Final Dividend
Access Bank Plc has recorded positive results despite a challenging economic and regulatory landscape in 2020, the bank’s audited financial statement has shown. The bank recorded gross earnings of N764.7 billion, up by 14 per cent from N666.8 billion in 2019. Profit before tax grew by 13 per cent to N125.9 billion from N111.9 billion, […]
Nigeria: Access Bank Takes Top Spot As Nigeria’s Biggest Bank By Asset
The bank toppled Zenith that had been at the top spot by asset for 37 weeks. An appreciation of N1.537 trillion or 21.6 per cent within one year has ramped up the asset value of Access Bank Plc to N8.680 trillion, making it Nigeria’s biggest lender in that rating category. Jim Ovia-led Zenith Bank hogged […]
NBSSI develops database on MSMEs
Madam Kosi Yankey (right), Executive Director, NBSSI, explaining a point as Kafui Bimpe (left), Head, Business Banking, Access Bank, and Mr Seth Twum Akwaboah (middle), CEO, Association of Ghana Industries. look on. Picture: NII MARTEY M. BOTCHWAY The National Board for Small Scale Industries (NBSSI) has built a national database to provide up-to-date information on […]
Corporate lending
Dealing with more than 200 corporate and banking transactions each year means we are able to bring experience and a commercial edge to the advice we give you. Acting for borrowers, lenders and investors means we understand the needs of all parties in financing a transaction. Clients say we are “one of the most commercial […]
EY, Edinburgh Varsity Engage Stakeholders on SDGs Data Analytics
EY Nigeria and University of Edinburgh recently engaged stakeholders on the Sustainable Development Goals Data Analytics, with participants drawn from the public and private sectors, as well as developmental institutions, civil societies and NGOs. The three-day workshop with the theme ‘SDGs Data Management for enhanced Corporate Sustainability Performance’, sought to understand the current efforts to […]
Access Bank Ghana joins TAGG to support traders keep safe in coronavirus fight
In continuation of its commitment to support communities keep safe and healthy as the fight against COVID-19 lingers on, Access Bank has donated over 1,600 branded and surgical nose masks to the Traders Advocacy Group Ghana (TAGG). The donation to TAGG is part of its efforts in sensitising members to adhere to the safety protocols […]
GhIPSS, partners intensify education on Ghana’s QR Code for payment
The Ghana Interbank Payment and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana , and partner institutions have embarked on public education to create awareness and to drive patronage of Ghana’s Universal Quick Response code for payment. Vice-President Mahamudu Bawumia launched the GhQR last year to add up to Ghana’s existing electronic payment […]