Banking

Access HoldCo Shareholders laud bank for N124.3bn Dividend, plead for higher Returns in 2026

  • Also for confirmation of Acting Group CEO, Bolaji Agbede

BY BONNY AMADI

Shareholders of Access Holdings Plc on Thursday in Lagos at the 3rd Annual General meeting of the financial group, lauded the board, management and staff of the institution for working so hard to consolidate higher year- on- year earnings, and returns to shareholders.

THE shareholders approved and have subsequently been paid a total of N125.29 billion as dividend for the 2024 financial year, representing a 67 per cent increase from the N74.6 billion that was paid in 2023

The Access Corp shareholders were of the consensus in praising the financial holding company for emerging the first in Nigerian to meet and surpass the N500 billion new capital base stipulated by the Central Bank of Nigeria (CBN), Post a more rewarding financial report in 2024 compared with that of 2023, paid higher interim and higher dividend and sustains higher, maintaining solid financial standing in an operating environment characterised by foreign ex- change volatility.

The shareholders who spoke in turns, following the adoption of the 2024 financial year annual results, pleaded for higher interim and final dividend for the 2025 financial year, sustenance of strong earnings, and to the Central Bank of Nigeria (CBN), they pleaded for the confirmation of the group CEO, Bolaji Agbede.

The national coordinator, independent shareholders Association of Nigeria (ISAN) Moses Igbrude, National Coordinator, Progressive Shareholders Association of Nigeria (PSAN) Boniface Okezie, Nona Awoh of Valencia Capital , amongst other shareholders commended the Group chairman Access Holdings, Aigboje AIG-Imoukhuede, the entire board and management for holding on strong and sustaining the winning legacies of the late Group Chairman, Hebert Wigwe.

The shareholders, however called on the board to strengthen measures in ensuring efficiency of the digital system, safeguarding cyber-attacks by hacker, guiding regulatory infractions, and also ensure leadership in dividend payment, “ if you are leading in other areas, you also need to lead in dividend payment> you need to jerk it up” said Moses Igbrude, ISAN national coordinator.

 

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