About Nigerians, Nigerian Business and Other Stories
Access Bank Plc has announced the final redemption of the $350,000,000.00 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 this note elected to […]
As the stock market continue to give some investors concerns, based on the relative decrease in the key market indicators, shareholders of Access Bank Plc are already counting their gains as the board of directors has proposed an interim dividend of 25 kobo for its existing shareholders. The bank made this known to the investing […]
In a recent rating review of Access Bank Plc, Nigeria’s foremost rating agency Agusto & Co, has raised the bank’s rating from “A+” to “Aa-”, with a stable outlook. The upgrade reflects Access Bank’s strong financial profile, resilient profitability levels and solid capital position. Agusto & Co also recognised Access Bank as an institution of very […]
The construction sector has been a very significant contributor to Nigeria’s GDP, adding as much as 3% to national output. Although the sector has been severely affected by macro-economic headwinds in the recent past quarters, the sector still has great potential to contribute significantly more, in the short term, given the government’s current focus on […]
As part of its commitment to reward participants with exciting prizes in its ongoing ‘Family Fortune Promo’, Access Bank Plc has delighted 20 of its customers who were the first set to take part in the Promo. These gifts include rechargeable fans, microwave ovens among others. The surprise gifts to the 20 lucky families precedes […]
Access Bank Plc has unveiled a new savings scheme tagged ‘Family Savings Scheme’ initiated to give its customers a boost in their savings. The exercise is in line with the Bank’s commitment to promoting savings culture among the populace. The ‘Family Savings Scheme’ is a savings scheme designed to encourage families to save together and […]
Access Bank Plc has reported an impressive first quarter profits raising hopes among investors about the Bank’s determination to be the world’s most respected African bank. The Bank’s unaudited financial results for the first quarter (Q1) ended March 31, 2017 showed an increase of 38% in Profit before Tax, which rose to N31.2 billion when […]
The Deputy Managing Director of Access Bank Plc, Mr. Obinna David Nwosu has resigned from the bank with effect from April 30, 2017. In a statement from the company secretary, Mr. Sunday Ekwochi sent to the Nigerian Stock Exchange, NSE, yesterday, Nwosu resigned from the bank to pursue other personal endeavours. Ekwochi in the statement […]
Determined to maintaining its leading position in the domestic economy, Access Bank Plc said it may consider returning to the capital market for fresh capital. Group Managing Director of the bank Herbert Wigwe gave this hint on Wednesday in Lagos while responding to shareholders questions at the bank’s 28th Annual General Meeting (AGM). According to him, […]
Access Bank Plc has announced its audited results for the full year ended 31 December, 2016 and proposed a final dividend of 40 Kobo per share bringing the total dividend for the year to 65 Kobo. In the audited financial results released to the Nigerian Stock Exchange (NSE) on Monday, the Bank reported strong sustainable […]