Access Bank, Microsoft partner to improve banking practices

Herbert Wigwe, the Group Managing Director of Access Bank has re-emphasized the Bank’s commitment to improving banking practices in Nigeria and Africa by leveraging massively on technology. He stated this during his strategic meeting with Satya Nadella, the Chief executive Officer of Microsoft in Seattle, United states of American last Thursday, according to a statement from the lender. Access Bank as one of the leading financial institutions in Nigeria recently announced its five-year strategic plan focusing on enhancing Africa’s position in the global community and this high- level meeting with…

Read More

Access Bank charity polo contest raises $2.2m for classrooms

Access Bank Charity Polo tournament has raised over $2.2million for new classrooms that will provide continuous education for an estimated under privileged and displaced children in the northern part of Nigeria over the next five years. This was contained in a statement made available to New Telegraph in Lagos yesterday. The Polo contest is one of the prominent initiatives sponsored by The Access Bank UK, a wholly owned subsidiary of Access Bank Plc in its drive to aid educational and social development in the communities the Bank serves. An auction…

Read More

2018 Charity Shield Polo: Access Bank donates N10m to UNICEF

Sole sponsors of the prestigious UNICEF Charity Shield International Polo tournament, Access Bank Plc, reaffirmed its commitment to the charity fund raising partnership Saturday with the presentation of a N10 million donation to UNICEF. The donation was presented at the Fifth Chukker Polo & Country Club in Kaduna by the Group Managing Director/CEO of the Bank Herbert Wigwe in support of UNICEF campaign against HIV/AIDS pandemic among Nigerian children. Wigwe who led other top officials of Access Bank to the grand finale, expressed delight that the Access Bank UNICEF Charity…

Read More

Q1:Access Bank posts N22bn profit

Access Bank Plc has recorded a profit after tax of N22.1 billion in the first quarter ended March 31, 2018 from a profit of N22.4 billion recorded in 2017. The unaudited financial results for the first quarter (Q1) showed an increase of 19 per cent in gross earnings to N137.5 billion from N116 billion in the corresponding period of March 2017, with interest income and non-interest income contributing 70 per cent and 30 per cent respectively. The bank also recorded a profit before tax of N27.4 billion during the period…

Read More

FinTech revolution: Access Bank partners PaySend

Access Bank has sealed partnership deal with card-to-card payments disrupter PaySend to bring a new generation of money transfers to the African market, the lender said in a statement last Friday. PaySend’s rapidly expanding business now operates in more than 60 countries and it is looking to boost its presence across Africa. Commenting on the deal: Ronald Millar, CEO of PaySend, said: “We are delighted to be expanding into Nigeria and to be working with Access Bank. To have reached over 60 countries in such a short time is excellent…

Read More

Access Bank names new executive director

Access Bank Plc has appointed Mr. Adeolu Bajomo as its executive director, information technology and operations. A statement from the lender said that Bajomo’s appointment had received regulatory approval, following the resignation of Mrs. Ojinika Olaghere. The firm stated that Bajomo’s experience cut across banking, insurance and capital market. Bajomo holds an Master of Business Administration degree from the CASS Business School, Master of Science degree in information systems engineering from South Bank University, London and a Bachelor of Science degree in civil engineering from the Obafemi Awolowo University, Ife-Ife.…

Read More

2018 Access Bank Lagos City Marathon: SWAN Chairman hails Ambode

The Chairman of the Sports Writers Association of Nigeria, Lagos State Chapter, Debo Oshundun, has commended Gov. Akinwunmi Ambode, the host city, and Access Bank, the title sponsor for the Access Bank Lagos City Marathon. Oshundun commended the wonderful initiative which has put Nigeria on the global marathon map while also pointing out that so much was achieved in the first two years of the marathon. “Within two years; the Access Bank Lagos City Marathon has earned an IAAF Bronze Label,” Oshundun noted. He also reckoned that the marathon was…

Read More

Access Bank Lagos City Marathon: Ambode’s vision crucial for race success –Ogba

The President of the Bobsled & Skeleton Federation of Nigeria, Solomon Ogba, has attributed the success of the Access Bank Lagos City Marathon to the vision of Lagos State Governor, Akinwunmi Ambode. Ogba, who was President of the Athletic Federation of Nigeria between 2009 and April 2017, said: “Lagos has all the ingredients to host a world-class marathon. As President of the AFN, I approached many officials of the Lagos State Government but they didn’t welcome the idea. A few weeks after Ambode was sworn-in, I was still the head…

Read More

Don restates roles of private sector in education provision

Private sector has been described as important and critical provider of education, which over the years has in its roles complemented the efforts of the government in providing qualitative education to the citizenry. A retired don and Professor of Public Administration, Prof. Ladipo Adamolekun, who disclosed this, however, said that “to ensure provision of qualitative education, there was the need for quality training of teachers, improved instructional and health care materials in primary and secondary school levels.” This was as he canvassed as a way forward for education the need…

Read More

Arik Air owes creditors N375bn – AMCON

The Receiver Manager of Arik Air, Mr Oluseye Opasanya (SAN), said the embattled airline was indebted to its trade and finance creditors to the tune of N375 billion. Opasanya made the disclosure in an affidavit filed in support of the airline’s receivership by the Asset Management Corporation of Nigeria (AMCON), before Justice Muhammed Idris of a Federal High Court in Lagos. A copy of the document filed on April 11 was obtained by the News Agency of Nigeria (NAN), in Lagos yesterday. AMCON had on February 9 taken over Arik…

Read More