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Showing posts from April, 2023

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Access Bank Gets N138 Billion From Parent Company, CBN Gives Approval

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Be the first to get hottest news from our Editor-in-Chief  SIGN UP THANK YOU! You are already subscribed to our newsletter! Check your inbox to be the first to know the hottest news Home Business and Economy Economy ECONOMY Access Bank Gets N138 Billion From Parent Company, CBN Gives Approval Wednesday, April 05, 2023 at 6:13 PM by Pascal Oparada The Central Bank of Nigeria has given its nod to a $300 million investment into Access Bank by parent company The parent company, Access Holdings, said the investment is to consolidate the bank's presence in Africa A statement from Access Holdings said the investment is a mandatory convertible instrument to improve shareholders' funds PAY ATTENTION: Donate to Legit Charity on Patreon. Your support matters! Access Bank'sBank's parent company, Access Holdings, has injected $300 million, about N138 billion in investment capital. According to reports, Access Holdings stated that the returns would boost the capital nee...