Tag Archives: Group Managing Director

Access Bank in partnership with Export Development in Africa (FEDA) signed a $220 million capital mobilisation deal with Afreximbank for investment in the Caribbean and broadly in the CARICOM financial services sector. Group managing director, Access Corporation, Herbert Wigwe, disclosed this at the ongoing 2023 AfriCaribbean trade and investment forum …

Access Bank Plc and the European Investment Bank (EIB), on Thursday, signed a memorandum of understanding, to deploy the long-term financing of 50 million euros, aimed at boosting the financial inclusion of young people and women in Nigeria. Held with support from the European Union, the execution will contribute to …

Access Bank Plc (Access) and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to the approval of the respective …

Access Bank Plc has further demonstrated its commitment to making a difference through charity as the Bank successfully hosted its maiden Polo tournament held at the prestigious Val de Vie Polo Club in Cape Town, South Africa. The event held to further create awareness and raise funds to support the education of underprivileged children in …

Dr Herbert Wigwe, Group Managing Director, Access Bank Plc says ending HIV in Nigeria is possible when Nigerians take responsibility collectively. Wigwe said this at the launch of 100 million dollars HIV Trust Fund of Nigeria in Abuja. He urged the private sector to rise up to the occasion by …

Nigerians travelling abroad can access a maximum amount of $4,000 foreign exchange from the banks following the Central Bank of Nigeria’s (CBN) announcement to increase forex supplies. Sources from some of the banks said those travelling on business trips could also access a maximum amount of $5,000 for each trip. …

The landing cost of Premium Motor Spirit (petrol) imported into Nigeria has jumped to N216.31 per litre on the back of the recent increase in global oil prices and the depreciation of the naira against the dollar. The Petroleum Products Pricing Regulatory Agency had in March released a pricing template …

Brand Journalists Association of Nigeria (BJAN), the association of brand writers and analysts in the country, would be holding her 2020 Conference in Lagos State this November. The annual conference which is the 8th edition is scheduled to hold on November 27, 2020 at The Sojourner By Genesis Hotel, GRA-Ikeja, …

Access Bank Plc said it has signed a subordinated syndicated loan agreement totalling $93.8m with the Dutch development bank (FMO), the French private sector development bank (Proparco), and leading investment firm, Symbiotics. It said this in a statement on Tuesday, entitled, “Access Bank improves COVID-19 resilience with $93m syndicated loan …

Amid predictions that the ongoing COVID-19 pandemic may trigger food shortages in Nigeria, Shareholders of FBN Holdings Plc have urged the bank to review its sectoral allocation to agriculture. Specifically, the Former Secretary-General, Independence Shareholders Association, Adeleke Adebayo, said the bank’s provision for agriculture, which stood at 3.2 per cent …