₦airaland Forum

We are too religious that we forget the core mandate of our duty.

CBN needs to address the 10% rule under BOFIA Section 19((c), Access Bank shareholders were victims of the rule, depriving them dividends when they should be celebrating the foreign subsidiaries success.

"The regulation caps aggregate equity investments in foreign subsidiaries at 10% of shareholders’ funds unimpaired by losses.

As foreign subsidiaries grow, Nigerian banks must either raise additional capital locally or reduce ownership stakes abroad.

Chapel Hill Denham noted that Nigeria’s banking framework prevents foreign operations from being structurally isolated from the Nigerian parent bank."

https://nairametrics.com/2026/05/18/cbn-rules-give-foreign-banks-fintechs-advantage-over-nigerian-lenders-chapel-hill-report/

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I'm your guy.
WhatsApp: 08061156610

Atiku na poison. Too bitter and short sighted

Bullish on UCAP Plc in 2026!
As the NGX bull run intensifies with the All-Share Index powering past 217,000, UCAP is set for:

* Boom in investment banking fees
* Increased asset management revenue from rising AUM
* Significant proprietary trading profits

Profitability loading...

Newly acquired subsidiary of our dear Custodian PLC , "Quest Merchant Bank" has been appointed as Transaction Advisor for Project BRIDGE (Broadband Infrastructure Development for Digital Economy).

The project will deploy approximately 90,000 kilometres of open access fibre-optic cable, strengthening nationwide connectivity and enabling inclusive digital and economic growth.

As Transaction Advisor, Quest Merchant Bank will support FMCIDE and the Project BRIDGE Project Implementation Unit in structuring and implementing the project’s financial and commercial framework. The mandate includes developing bankable investment structures, supporting investor engagement, and designing the public–private partnership framework required to facilitate successful project execution and long-term sustainability.

https://nairametrics.com/2026/04/17/quest-merchant-bank-named-transaction-advisor-for-nigerias-landmark-project-bridge-digital-infrastructure-initiative/

There is big frustration with Morgan Capital whenever one tries to credit their account, you must send multiple emails after making payment to the bank account, before they will credit your trading account. there are easier ways of dealing with this, they should check competitors.

I thought ports were to get concession investors. That will finance the upgrade.

What of the medical patients that needed to take ride to the hospitals that cant use buses due to their condition. you have deprive them of dignity in their sufferings. all well and good, hope you are happy that you have made goal. We are the monsters we create.

jideflash:
Some drivers have financial emergency like medical bills and others. But you are sabotaging their effort because of your own selfish reasons. If you don't like, shut your app, let others survive.

Some drivers have financial emergency like medical bills and others. But you are sabotaging their effort because of your own selfish reasons. If you don't like, shut your app, let others survive.

Nothing to worry if you are ready to hold long, if you follow their well laid out strategic phases. it is a 5 years cycle of expansion and consolidation each.
Having driven aggressive expansion across Africa and into key international markets in recent years, the Group announced it is now entering the crucial optimisation phase of its strategy. This phase is expected to unlock significant value for stakeholders as the organisation works towards achieving its 2027 growth objectives.

The Full Year 2024 financial results demonstrate that the Group’s investments are already yielding meaningful outcomes. Gross earnings rose to N4.878trn from N2.594trn in 2023.

https://proshare.co/articles/access-holdings-enters-optimisation-phase-in-strategic-growth-plan

SonofElElyonRet:
Ok but when? Acquisition spree ongoing I believe? Anyway eventually I guess.. the game of patience

See wetin dey reach front page

Nice sarcasm.

chimex38:
We should help the Senate and FG to draft the law starting with Steel.
Cuz seems that's the next line of Dangote's route
Once he successfully breaks that jinx and begins production and exportation, his steel company should be shut down based on the new senate law and to avoid people calling him "monopoly". He should rather canvass for competitors alongside.

He should also not go into Power sector.

He should massively campaign for competitors who will compete with him before he ventures into any industrialization sector..

The problem is always with the Initiators and risk takers..
He will start controlling g our steel mill and making too much money from selling 24hrs power to Nigerians work 100% coverage to outskirts and hinterlands.
What a "Monopoly".
It's also his fault that other power companies are handicapped or are did not come into existence with him to compete favourable.
How dare Dangote violate the law of the country by offering Nigerians 24hrs supply of light at his chosen price and changing the previous status quo without canvassing for a competitor to compete with Him before embarking on this risky venture!!
What a monopolistic tendency!!

Next stop is $150per barrel.

Access holdings Board Meeting was yesterday, audited result was reviewed. I hope it was approved and dividend proposed. Who get idea?

Better run, na scam them be.

EUGENE4GOO:
The logo above is their logo

Workflow automation is in high demand.

It has started. Proxy war activated in nigeria

God of St. Hebert Wigwe, see how they are mocking us.

handsomebolanle:
And Access the leader of the "undertaken's"

not a bad one. you cant be earning and not paying your tax in nigeria

they need to come out with the date the private placement transaction was completed

mikeapollo:
Wow. Wema Bank!
Share price N20; Private placement N11.
About 45% discount just like that!

Access Holdings ooo. make una release Q2 na.

the truth is the truth. independence is true strength and is most times tied to financial power

All designs are good and clean. Welldone

Why is this country so wicked. Why person no go japa

party time. you can still reserve your headset for the silent disco party

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This is just rubbish by the US govt once again. Na wa o. So I can't send my bushmeat antelope and grasscutter, my customers go hear am.