Access Holdings Offer Archives - Nairametrics https://nairametrics.com/category/bank-recapitalization/access-holdings-offer/ Destination for Business news and analysis from Africa's largest economy Thu, 27 Mar 2025 12:15:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Access Holdings Offer Archives - Nairametrics https://nairametrics.com/category/bank-recapitalization/access-holdings-offer/ 32 32 201037849 Access Holdings becomes first financial holding company to meet CBN’s N500 billion minimum capital https://nairametrics.com/2024/12/27/access-holdings-becomes-first-financial-holding-company-to-meet-cbns-n500-billion-minimum-capital/ https://nairametrics.com/2024/12/27/access-holdings-becomes-first-financial-holding-company-to-meet-cbns-n500-billion-minimum-capital/#respond Fri, 27 Dec 2024 16:41:24 +0000 https://nairametrics.com/?p=505503 Access Holdings Plc, the parent company of Access Bank, has secured “full regulatory approval” from the CBN and SEC for its Rights Issue. 

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Access Holdings reports N209.2 billion profit for the third quarter, with nine-month pre-tax profits up 89.59%.   https://nairametrics.com/2024/11/05/access-holdings-reports-n209-2-billion-profit-for-the-third-quarter-with-nine-month-pre-tax-profits-up-89-59/ https://nairametrics.com/2024/11/05/access-holdings-reports-n209-2-billion-profit-for-the-third-quarter-with-nine-month-pre-tax-profits-up-89-59/#respond Tue, 05 Nov 2024 13:07:50 +0000 https://nairametrics.com/?p=501700 Access Holdings PLC has released its financial results for the third quarter of 2024, recording a pre-tax profit of N209.2 billion, a 65.01% increase from N126.8 billion in the same period last year. 

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The strategic benefits of Access holdings’ rights issue for investors  https://nairametrics.com/2024/08/22/the-strategic-benefits-of-access-holdings-rights-issue-for-investors/ https://nairametrics.com/2024/08/22/the-strategic-benefits-of-access-holdings-rights-issue-for-investors/#respond Thu, 22 Aug 2024 14:03:37 +0000 https://nairametrics.com/?p=496358 The Central Bank of Nigeria (CBN) on March 28, 2024, announced a two-year bank recapitalisation exercise, which commenced on April 1, 2024, and is expected to end on March 31, 2026.

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Access Holdings rights issue extended to August 23  https://nairametrics.com/2024/08/14/access-holdings-rights-issue-extended-to-august-23/ https://nairametrics.com/2024/08/14/access-holdings-rights-issue-extended-to-august-23/#respond Wed, 14 Aug 2024 07:08:56 +0000 https://nairametrics.com/?p=495749 Access Holdings has received the approval of the Securities and Exchange Commission to extend its ongoing rights issue programme to August 23.  

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Access Holdings turns to social media Influencers to market Rights Issue   https://nairametrics.com/2024/07/29/access-holdings-turns-to-social-media-influencers-to-market-rights-issue/ https://nairametrics.com/2024/07/29/access-holdings-turns-to-social-media-influencers-to-market-rights-issue/#respond Mon, 29 Jul 2024 13:17:45 +0000 https://nairametrics.com/?p=494697 Access Holdings, Nigeria’s largest financial services company, is enlisting the services of social media influencers to promote its substantial N350 billion rights issue.  

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Access Holdings Plc Rights Issue: The Takeaways https://nairametrics.com/2024/07/11/access-holdings-plc-rights-issue-the-takeaways/ https://nairametrics.com/2024/07/11/access-holdings-plc-rights-issue-the-takeaways/#respond Thu, 11 Jul 2024 05:21:37 +0000 https://nairametrics.com/?p=493013 On July 7, 2024, Access Holdings Plc announced that it received approval from the Securities and Exchange Commission to execute a rights issue of 17.772 billion ordinary shares at N19.75 each, based on 1 new share for every 2 held as of June 7, 2024. 

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Access Holdings explains why its issued shares price is higher than market price    https://nairametrics.com/2024/07/10/access-holdings-explains-why-its-issued-shares-price-is-higher-than-market-price/ https://nairametrics.com/2024/07/10/access-holdings-explains-why-its-issued-shares-price-is-higher-than-market-price/#respond Wed, 10 Jul 2024 06:01:43 +0000 https://nairametrics.com/?p=492938 At the close of trading on June 9, 2024, Access Holdings' share price stood at N19.35, which is 2% lower than the N19.75 price set for the bank's ongoing rights issue. 

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Access Holdings embarks on N351 billion rights issue to strengthen capital base https://nairametrics.com/2024/07/03/access-holdings-embarks-on-n351-billion-rights-issue-to-strengthen-capital-base/ https://nairametrics.com/2024/07/03/access-holdings-embarks-on-n351-billion-rights-issue-to-strengthen-capital-base/#respond Wed, 03 Jul 2024 11:32:27 +0000 https://nairametrics.com/?p=492453 Access Holdings Plc has held a formal signing ceremony as part of the arrangements to raise a total of N351 billion by way of a rights issue to existing shareholders.

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From Nigeria to Africa: The incredible journey of Aig-Imoukhuede and Herbert Wigwe in growing Access Bank https://nairametrics.com/2024/06/11/from-nigeria-to-africa-the-incredible-journey-of-aig-imoukhuede-and-herbert-wigwe-in-growing-access-bank/ https://nairametrics.com/2024/06/11/from-nigeria-to-africa-the-incredible-journey-of-aig-imoukhuede-and-herbert-wigwe-in-growing-access-bank/#respond Tue, 11 Jun 2024 11:15:51 +0000 https://nairametrics.com/?p=491051 Access Bank from a small, struggling institution into a leading financial powerhouse in Africa

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