We Aim To Remain At The Forefront Of Financial Services In Africa’, Declares Access Holdings’ Aig Imoukhuede, Presents PBT Of N867Bn
The Oasis Reporters
May 17, 2025
When Shareholders of Access Holdings Plc gathered for the Company’s 3rd Annual General Meeting (AGM), they unanimously approved a final dividend of N2.59 per share, translating to N125.295 billion proposed by it’s board of directors for the financial year ended December 31, 2024.
The figures mentioned translate to a 67 percent increase from the N74.6 billion that was shelled out to Shareholders in 2023. Cheers and praises went to the board and management for the superlative performance and assured them of continuous support.
Mr. Boniface Okezie, chairman of Progressive Shareholders Association of Nigeria (PSAN) expressed happiness with the financial result of the company, calling it “an exceptional performance”.
In similar vein, chairperson of Highly Favoured Shareholders Association Mrs Adetutu Shiyanbola equally appreciated the Chairman, Aigboje Aig Imoukhuede and the entire board for presenting an outstanding financial report.
She also commended the company’s Corporate Social Responsibility (CSR) that has focused on social welfare, community development, education and health.
“Uphold the legacies of the former chairman, Herbert Wigwe in handling seriously every Shareholder”, came the words of wisdom from Mr. Nona Awoh.
Another shareholder, Dr. Farouk Umaru also commended the company’s performance for the period under review and praised it’s expansion initiative.
Looking at the growth of the Access Holdings Plc brand all over Africa and into the world, an excited Moses Igbrude, National Coordinator of Independent Shareholders Association of Nigeria (ISAN) exclaimed excitedly that “Nigerians can make it!”
He traced the trajectory of Access Holdings from consolidation, acquisition and added, “we should think of how to make this business successful”, as he urged management to strategize towards curbing cyber crime.
In his address to Shareholders, Group Chairman, Aigboje Aig-Imoukhuede said in 2024, the company’s gross earnings grew by 88 percent year-on
-year, rising from N2.594 trillion in 2023 to N4.878 trillion.
“ The business imperatives designed for the next three years by Access Holdings is to ensure that the company remains at the forefront of the financial services industry in Africa while delivering sustainable value to Shareholders”.
“The business imperatives included consolidation of geographical expansion, cost optimization, innovation as strategic enabler for new ventures and investment management”.
He however noted that the rights issue strengthened the company’s capital base increasing it’s shareholders’ funds to N4.76 trillion.
“This strength in our balance sheet serves as the foundation upon which we are executing our ambitious long-term growth strategy”.
“Despite the challenges faced in the past year, “our resilience and strategic initiatives has positioned us for future growth”, he added.
“As we look ahead, we remain dedicated to driving innovation, enhancing customers’ experiences and promoting sustainable practices that contribute positively to our communities.
By the grace of the Almighty, together we will realize our vision of being the world’s most respected African financial services group”, he also revealed.
The Chairman also revealed that the Profit Before Tax (PBT) rose from N729 billion in 2023 to N867 Billion in 2024, showing a year-on-year increase in spite of external pressures from inflation and currency depreciation.
He further declared that “considering our strong earnings performance and continued growth, the Board of Directors has proposed a final dividend per share of N2.05 for the year 2024.
“This brings the total dividend for 2024 to N2.50 per share. With this the dividend payout for the year amounts to N125.29 billion.
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