AGS NEWS – A Federal High Court in Lagos has rejected a request by Access Bank Plc to freeze the bank accounts of MTN Nigeria Communications Plc, in connection with an alleged ₦180.95 billion debt tied to defunct Multi-Links Telecommunications. … Continue reading Court Rejects Access Bank’s Bid to Freeze MTN Nigeria’s Accounts Over ₦180.95 Billion Debt Claim
AGS NEWS – The Nigerian equity market gained N607bn in market capitalisation last week, driven by strong buying interest in large-cap stocks like Access Corporation and MTN Nigeria. The All-Share Index rose by 1.06% to close at 97,456.62, while market … Continue reading Access Corp, MTNN drive equity market to N607bn gain
Governor Sanwo-Olu has called upon local and international investors to collaborate with Micro, Small, and Medium Enterprises (MSMEs) in Lagos to enhance their products and services, breaking into the African Continental Free Trade Area and the global market. The governor … Continue reading Sanwo-Olu invites investors to boost MSMEs for global market access
Access Holdings, Nigeria’s largest lender, reported its highest-ever revenue in 2022, largely driven by interest on loans, but its after-tax profit slowed despite a 42.8% increase in turnover, according to its audited financials. The financial services group saw interest earned … Continue reading Access Holdings achieves record N1.4 trillion annual revenue, yet profit declines
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