• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 9, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Access Bank Targets Top 20 Position In UK, $1bn Profit By 2027

by Olushola Bello
11 months ago
in Business
access bank
Share on WhatsAppShare on FacebookShare on XTelegram

Access Bank has shared insights about ambitious plans to position its UK subsidiary, Access Bank UK, among the top 20 banks in the United Kingdom, targeting an annual profit of $1 billion by 2027.

Advertisement

This was disclosed by the managing director/chief executive officer of Access Bank, Roosevelt Ogbonna during the ‘Facts Behind the Rights Issue’ presentation held at the Nigerian Exchange (NGX) in Lagos.
Ogbonna emphasised that this projection underscores Access Bank’s commitment to becoming a global banking leader, focusing on expansive growth and robust financial performance.

“We are positioning ourselves to be one of the most respected banks globally. Our focus is on superior service across all the continents and countries we are operational in, and by 2027, we aim to be one of the top five African banks, powering trade across the continent and providing superior services to our customers,” Ogbonna stated.

The CEO further highlighted that “Access Bank’s customer base is expected to grow to 125 million by 2027, further cementing its market leadership. This ambitious growth plan is part of the broader strategy to drive organic growth through strategic acquisitions, partnerships with international banks, and substantial investments in infrastructure and technology.”

The insights were shared as part of discussions around Access Holdings’ ongoing rights issue, which aims to raise up to $1.5 billion to strengthen its financial position and support its growth ambitions. The rights issue offers 17.773 billion ordinary shares at N19.75 per share and will close on August 14, 2024.
The shareholders gave their vote of confidence in Access Holdings and Access Bank, and particularly, the rights issue.

RELATED

Dangote Refinery’s Completion To Make Naira Stronger

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

16 hours ago
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

16 hours ago

The national coordinator, Pragmatic Shareholders Association of Nigeria, Bisi Bakare noted, “since Access Bank first started trading on the stock exchange at N0.65, we shareholders have witnessed its incredible growth and accrued immense value, with the stock now trading at N19.35 as of June 9, 2024.”

“Access Holdings can be confident that as the consolidation phase of the Group’s expansion fully takes shape and the brand’s profitability continues to increase, those of us who have been on this journey from the beginning are not about to jump off now. We fully back the capitalisation plans, starting with the Rights Issue, and are excited for the future that lies ahead for Access Holdings,” Bakare added.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Access bank
SendShareTweetShare
Previous Post

Clearing Agents Threaten To Sue NAFDAC Over Products Sample Collection

Next Post

Dangote Refinery Expects First Brazilian Crude Shipment

Olushola Bello

Olushola Bello

You May Like

Dangote Refinery’s Completion To Make Naira Stronger
Business

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

2025/06/08
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations
Business

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

2025/06/08
JUST IN: Nigerian Stocks End 8-Day Gains As Banks Slide
Business

‘Dangote Petrochemicals Listing To Boost Nigeria’s Stock Market’

2025/06/08
NLNG Ties 2023 Science Quiz Competition To Net Zero Emission
Business

NLNG Launches Human Capital Devt Programme Under Train 7 Project

2025/06/08
SEC Warns Nigerians Against Unregistered Investment Schemes
Business

New Meme Coin, PUNISHER COIN, Not Registered – SEC

2025/06/08
AMMC Begins Intensive Traffic Control On Airport Road
Business

Lagos, Abuja Top Nigeria’s 2025 Global Startup Index

2025/06/08
Leadership Conference advertisement

LATEST

Gov Ododo Hails Prince Olatunji’s Humanitarian Gestures In Kogi

Lewandowski Vows Not To Play For Poland Again Under Coach Michal Probierz

Portugal Beat Spain 5-3 On Penalties To Win UEFA Nations League Title

22 PDP Govs Endorsed Jonathan In 2015 Yet He Lost Re-election, Ndume Warns Tinubu About 2027

‘No Discord Between Us’, Sanwo-Olu Breaks Silence Over Alleged Rift With Tinubu

Community Begs Gov Makinde For Intervention Over Death Of APC Chieftain On Dilapidated Bridge

Alcaraz Beat Sinner In Epic French Open Final

Why We Buried ‘Gwo Gwo Ngwo’ Crooner Ejeagha Within 24 Hours — Eldest Son

Thieves Stab Senior Naval Officer To Death In Kaduna

Edo South Senator Imasuen Speaks On Planned Defection To APC, Achievements

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.