• About
  • Advertise
  • Careers
  • Contact Us
Thursday, June 26, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Economy Finance

Access Holdings Approves N125bn Dividend

…Hits CBN Capital Target

by Latifat Fashina
May 16, 2025
in Finance
0
Aig-Imoukhuede, Chairman Access Holdings
Aigboje Aig-Imoukhuede, chairman, Access Holdings (PHOTO: X/Access Bank)

Aigboje Aig-Imoukhuede, chairman, Access Holdings (PHOTO: X/Access Bank)

UBA
Advertisements

Access Holdings Plc has approved a total dividend of N125 billion for the 2024 financial year following its strong performance.

Approved during the group’s Annual General Meeting held in Lagos on Thursday, the fund brings the company’s total dividend for 2024 to N2.50 per share.

Shareholders have commended the management for the group’s performance and strategic expansion.

Speaking during the meeting, Aigboje Aig-Imoukhuede, chairman of Access Holdings PLC stated that the group’s performance signifies the strength of its balance sheet, while also highlighting how it raised N315 billion through a rights issue from its capital raising programme.

He commended the improvement in the company’s capital base, which increased shareholders’ funds to N3.76 trillion and made Access Bank the first bank to achieve the new N500 billion minimum requirement set by the Central Bank of Nigeria.

Aig-Imoukhuede also stressed the group’s commitment to boosting shareholders’ value through strategic expansion, continuous innovation, and cost efficiency.

Access Holdings recorded success across key performance metrics in 2024 as gross earnings grew by 88% year-on-year to N4.88 in 2024, from N2.59 trillion in 2023. While profit before tax surged to N867 billion from N729 billion the prior year.

Bolaji Agbede, acting group executive officer, also highlighted the group’s growth strategy, which focuses on innovation, diversification of revenue streams, and the integration of technology to boost service delivery.

According to her, Access Holdings is positioned for success across its banking operations in four continents, including its non-banking subsidiaries.

Loading

Advertisements
MTN ADS

0Shares
Tags: Access HoldingsAccess Holdings PlcAigboje Aig-Imoukhuede
Latifat Fashina

Latifat Fashina

LATIFAT FASHINA is the Business/Finance Reporter at Techeconomy. She can be reached via: latifat.fashina@techeconomy.ng

Next Post
Google One Hits 150 Million Users as Alphabet Pushes Subscriptions Over Ads

Google One Hits 150 Million Users as Alphabet Pushes Subscriptions Over Ads

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

​Tobechukwu Obikili Airmed CEO

Airmed, a Reliable Healthtech startup for Genuine Drugs, Consultations – Tobechukwu Obikili

2 years ago
Software-based microsegmentation

Akamai, Exclusive Networks Africa to Unleash microsegmentation Security to African organisations

12 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.