• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, June 3, 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 Holdings Shareholders Approve N46.2bn Final Dividend

by Olushola Bello
2 years ago
in Business
access holdings
Share on WhatsAppShare on FacebookShare on XTelegram

The shareholders of Access Holdings Plc, yesterday, approved the management’s N46.209 billion final dividend payout for the year ended December 31, 2022.

Advertisement

They gave their approval at the Pan-African financial institution’s first annual general meeting (AGM) held yesterday in Lagos. Also, the financial institution paid an interim dividend of 20 kobo per ordinary share paid at mid-year.

Speaking at the meeting, president, Pragmatic Shareholders Association, Mrs. Bisi Bakare commended the management for growing gross earnings above the N1 trillion mark and maintaining dividend payout, stressing on the Group’s expansion in total assets.

She acknowledged decline in cost-to-income ratio to 57.9 per cent in 2022 from 58.8 per cent in 2021 amid macroeconomy challenges, urging the management to maintain effective management over rising inflation rate. 

Speaking, the group chairman, Access Holdings, Bababode Osunkoya said, 2022 was a year of unprecedented challenges for Access Holdings and for society more broadly.

RELATED

Livestock Sector Can Boost Economy By N33trn – FG

Boosting Milk Supply Key To Nigeria’s Nutrition Drive – Minister

10 minutes ago
Empowering First-Time Homebuyers Through Policy And Education

Empowering First-Time Homebuyers Through Policy And Education

12 hours ago

According to him, as a company, we continued to demonstrate our resilience, our ability and commitment to support customers, clients, and wider stakeholders in ever changing economic conditions.

“In January 2023, we began the implementation of another five-year strategy which we shared with the investment community and stakeholders. A key aspect of our intent over the next five years is to become a top-five financial services provider in Africa by 2027.

“We will build a large, diversified company, by consolidating our wholesale franchise and embedding ourselves firmly in the retail market. This strategy will be digitally led, customer-focused and supported by various collaborations with reputable fintech companies, to deliver a deeply entrenched retail footprint and payment business.

“This will all be supported with strong technological infrastructure and robust risk management framework.”

He explained further that the focal point of the group’s 2023 to 2027 strategy is creating a globally connected community and ecosystem, inspired by Africa for the world.

“This will be the propelling driver as we aim to become one of the top five financial services provider by 2027. Access Holdings will play a pivotal role in optimising and orchestrating all the activities of the ecosystem as well as mitigating the risks coming from all business activities,” Osunkoya added.

The group chief executive, Access Holdings, Dr. Herbert Wigwe said: “as the institution has transitioned to a Holdings Company to capture the opportunities the African market provides, the Company’s ambitions will be supported by seven key enablers (Customer Experience, Digital and Technology, Data and Analytics, Risk, ESG, People and Culture and Brand and Communication).

“These enablers will ensure Access executes seamlessly, to become one of the Top Five financial services institution in the African Continent by the end of the strategic cycle in terms of revenues, asset base and on a balanced scorecard basis.

“The proven success of our business model gives us a strong foundation upon which we can build the best open financial services platform and set new ambitions, which we unveiled at our Investor Day in January 2023.”

He expressed that the Group is positioned to be at the centre of financial flows on the continent; trade, expanding and deepening financial services and serving corporates with excellence, creating a self-sustaining ecosystem.

 


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

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


SendShareTweetShare
Previous Post

Tuberculosis In Children, How To Prevent It

Next Post

NIMN Conference To Emphasis Role Of Marketing, Ethics In Nation Building

Olushola Bello

Olushola Bello

You May Like

Livestock Sector Can Boost Economy By N33trn – FG
Agriculture

Boosting Milk Supply Key To Nigeria’s Nutrition Drive – Minister

2025/06/03
Empowering First-Time Homebuyers Through Policy And Education
Business

Empowering First-Time Homebuyers Through Policy And Education

2025/06/02
Chinedumuije Urges Tinubu To Stop Foreign Loans For Infrastructural Projects
Business

Tech Expert Urges Business Owners To Use Data For Experiential Engagement

2025/06/02
Forum Salutes Tinubu, Umahi Over Infrastructural Development In North
Business

Amid 2,669 Road Construction Projects, Engineers Blame Kickbacks For Failures

2025/06/02
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Stock Investors Gain N3.967trn In May Amidst Positive Returns

2025/06/02
NCAT Rector Raises The Alarm Over Shortage Of Funds For Capital Projects
Business

‘Foreign Students’ Surge At NCAT Boosts Federal Gov’t’s Forex Earnings’

2025/06/02
Leadership Conference advertisement

LATEST

Business Confidence Dips In May Over Energy Shortages, Security Concerns

C/River Community Lauds Gov Otu For Completing Abandoned Road Project

Khadeejah Wins Big At MTN Go MAD Campus Invasion

Boosting Milk Supply Key To Nigeria’s Nutrition Drive – Minister

Delta Community Accuses Monarch, Royal Family Of Land-Grabbing

World Vaping Day: Regulation Of Vaping Products Necessary To Reduce Tobacco-related Harm – Expert

Menstrual Hygiene: NGO Distributes Sanitary Products To 300 Girls In Kaduna

Asari Dokubo Vows To Rebuild Rivers Community Abandoned Since 1885

NESREA To Launch Digital Marketplace For Waste Transactions

Group Decries Negative VAT Ranking Of Imo

© 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.