Access Holdings Plc has announced that its subsidiary, Access Bank Plc has entered into a definitive agreement with First Pension Custodian Nigeria Limited regarding a proposed purchase by First Pension of the entire share capital of Access Pension Fund Custodian Limited held by Access Bank.
The National Pension Commission and the Central Bank of Nigeria have given their “no objection” to the transaction.
Source: Access Bank to divest from its pension fund business – StocksWatch (stocksng.com)
Wole Olajide, ACS Performance of banking stocks on the Nigerian Exchange in Q3 2025 is mixed. Most of the Tier 1 Banks (FUGAZ) declined in their bottom-line figures, year on year. Except for UBA that made a marginal growth of 2.33% in profit after tax (PAT), others in the Tier 1 category (First Holdco, GTCO, Access and […]
The Nigerian equities market closed bearish last week, halting weeks of successive gains triggered by selloff in Dangote Cement and 69 other stocks that closed the week lower amidst quarter three earnings release. The All-share index was down by 0.98% to close at 154,126.45 points from 155,645.05 points recorded in the previous week. Investors lost N964 billion[…]
