Access Holdings Plc has explained why it failed to pay dividends to shareholders for the 2025 financial year despite posting over ₦1 trillion in profit before tax for the first time in its history. In a statement issued on Thursday, the company said the non-payment of dividends was caused “solely by outstanding regulatory compliance requirements” …
Access Holdings Plc crossed a major milestone in 2025, posting over ₦1 trillion in profit before tax, but the strong performance came with growing pressure from regulatory fines, legal disputes, and rising costs. A review of the group’s audited results shows gross earnings rose to ₦5.53 trillion, while profit after tax climbed to ₦743 billion. …
Access ARM Pensions said it has surpassed the ₦4 trillion mark in assets under management (AUM). The company, a subsidiary of Access Holdings, revealed this in a statement on Wednesday. The milestone highlights its strong growth momentum following the October 2024 merger of Access Pensions and ARM Pensions. The combined entity’s AUM surged by over …
Access Holdings, Oando and Conoil ranked among the worst-performing equities on the Nigerian Exchange Limited (NGX) during the 2025 trading year, as several stocks recorded steep declines in market value. Other equities that completed the bottom ten list include VFD Group, Sunu Assurances, Africa Prudential, Lasaco Assurance, Haldane McCall, Industrial and Medical Gases Nigeria, and …
Wema Bank Plc may emerge as the best-performing banking stock in 2025 on the Nigerian Exchange Limited (NGX). A review of the NGX stock market data by Pinnacle Daily, from the beginning of the year to the end of November, points in this direction. It shows Wema Bank as the only bank that has crossed the …
Access Holdings Plc has revealed plans to raise its paid-up share capital to N27.65 billion from N26.659 billion to meet regulatory compliance before the year-end. The bank is also seeking shareholders' approval to raise an additional N40 billion, or its equivalent in foreign currency, through a private placement. The tier-1 bank announced this in a …
Some minority shareholders of Access Holdings Plc have demanded the removal of the Group Chairman, Aigboje Aig-Imoukhuede. The demand is based on the breaches of corporate governance and conflicts of interest following the death of the former chairman, Herbert Wigwe. In a note on its 2025 half-year financial statements released on Friday, October 23, Access …
Group Managing Director/Chief Executive Officer of Access Holdings Plc, Innocent Ike, has assumed office today, 29 August 2025, promising to build on the legacies of late Herbert Wigwe and acting CEO, Bolaji Agbede, in the financial institution. Access Holdings had announced Ike’s appointment on Wednesday, following regulatory approval, with effect from 29 August 2025. Ike …
