Tag: Access Bank and its Group Managing Director

The Wigwes bodies arrive Isiokpo for burial

Jide Ige

The bodies of the late former Chief Executive Officer of Access Holdings, Dr Herbert Wigwe, his wife and son have arrived their hometown, Omueke in Isiokpo, Ikwere Local Government Area of Rivers State for burial today (Saturday). Their remains, which were accompanied by a huge motorcade on Friday, had left the Port Harcourt International Airport, Omagwa in Ikwerre LGA at about 1:33pm straight to his father’s compound in Omueke, Isiokpo. Recall that Wigwe’s kinsmen had insisted that their son must be buried in his hometown. Omueke, even as they vowed…

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Access Bank celebrates as Tracy Batta is listed in Forbes Africa 30 under 30

Jide Ige

Helping female businesses grow through discounted access to finance is one of the many unique value propositions under the Access Bank’s W Initiative. Tracy Batta, co-founder, SmoothieExpress and a W Power Loan beneficiary recently emerged on Forbes Africa’s 30 under 30 list. Tracy Batta co-owns Smoothie Express, a healthy focused brand known for providing consumers with healthy fast foods. Prior to her recognition under the 2020 class of Forbes Africa’s 30 under 30, Tracy was recognized under Business Day’s Top100 Fastest Growing SMEs. She has since grown to become a…

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Access Bank’s N115bn PBT excite investors

Jasmin Ekua, Banking & Finance

The successful merger of Access Bank Plc with former Diamond Bank Plc has continued to yield positive results with the improved performance recorded in the year ended December 31, 2019. The merger process concluded in April last year and going by the audited results, shareholders of Access Bank Plc are getting a better deal. The bank posted gross earnings of N576.348 billion, showing an increase of 32 per cent, from the N435.743 billion recorded in 2018. Net interest income increased jumped 59 per cent from N173.578 billion to N277.228 billion…

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Access Bank introduces TraderLite for SMEs

Jide Ige

Leading financial institution, Access Bank Plc. has launched TraderLite, an account that enables micro-businesses, with a turnover of between N50,000 – N1 million operates their businesses with their individual name or registered business name. Victor Etuokwu, Executive Director, Retail Banking, Access Bank Plc, noted that “the future of Nigeria’s economy is Small and Medium-Scale Enterprises because they can provide more than enough jobs to the unemployed if empowered.” “That is why the bank’s passion is to offer more than financial services to customers and also work with them in growing…

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Access Bank gives succour to DSF

Jide Ige

Access Bank Plc has reiterated its continued support for special needs children by donating a 44 KVA Solar Power System to the Down Syndrome Foundation Nigeria.Speaking on Thursday at the presentation of the facility at the foundation’s office at Iju, Fagba Lagos, the bank’s Chief Financial Officer (CFO), Seyi Kumapayi, said the lender is investing heavily in Corporate Social Responsibility (CSR) initiatives.“What you have seen today is further actualisation of Access Bank’s CSR initiatives. It is not just for my group, but it is done across the bank, in terms…

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Access Bank, Wigwe honoured at THISDAY Silver Jubilee celebration

Jide Ige

Access Bank and its Group Managing Director, Herbert Wigwe, were honoured as the ‘Bank of the Decade’ and ‘Banker of the Decade’ respectively by THISDAY Newspaper at its 25th anniversary celebration held at the Eko Convention Centre, Lagos. The silver jubilee celebration, was witnessed by dignitaries including former Commonwealth Secretary-General, Emeka Anyaoku; Afenifere chieftain, Ayo Adebanjo; founder of Dangote Group, Aliko Dangote; Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari; and former Governor of Anambra State, Peter Obi. Receiving the awards, Wigwe attributed his success to the…

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