UBA, FBN, Access Bank Top The List As Banks Gave Out Billions of Naira To Businesses In Q1

United Bank for Africa (UBA) top other banks as they gave out N178 billion loans to businesses in the first quarter of this year, this office has confirmed. The bank’s loans to customers within the period rose from N2.555 trillion to N2.733 trillion. Other banks’ loan positions within the period […]

Access Bank Continues Giant Moves, Acquires BancABC Mozambique

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Access Bank Plc has announced that its wholly owned banking subsidiary, Access Bank Mozambique, has completed the acquisition of African Banking Corporation, also known as BancABC Mozambique, a subsidiary of the London Stock Exchange-listed Atlas Mara Limited. This was disclosed on Tuesday in a statement signed by the lender’s Company […]

Access Bank Gets Approval To Acquire More Banks In Africa

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In a massive acquisition of different ‘A’ list banks, Access Bank Plc has announced that it received approval from South African and Nigerian regulatory authorities to acquire South African-based Grobank Limited. The bank’s expectation of 30% profit outside its Nigerian base, through a series of acquisitions in East and West […]

Access Bank Makes Strategic Moves on Becoming Africa’s Gateway To The World

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IN FURTHERANCE OF ITS VISION TO BE AFRICA’S GATEWAY TO THE WORLD, ACCESS BANK PLC ANNOUNCES STRATEGIC UPDATE AND TRANSACTIONS… Access Bank Plc (“Access Bank” or ‘’the Bank’’) announces today that it has received the Central Bank of Nigeria’s Approval-in-Principle for the Bank’s restructuring to a holding company (“HoldCo”). The […]