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Access Holdings 2025 Half-Year Results: Profit Drops, Wigwe Estate Divests Shares

  NIGERIA: Access Holdings PLC recently finally released its long awaited Audited Financial Results for June 30, 2025.Recall that they had notified the investing public of the delay in publishing their half year result twice, engendered by the complexity of the post-completion audit activities of their newly acquired sub-subsidiaries within the banking group, and getting Central Bank of Nigeria's approval for the result.  The delay in releasing the result had led to some shareholders selling off their stocks in the Financial institution, as some of them had expressed fear on the underlying reason for the delay. It was further exacerbated when a recent news revealed Access Bank's CEO, Roosevelt Ogbonna's splurge of millions of dollars on a UK property . While some investors did not see anything wrong with that news, others expressed concern, as Bankers are generally expected to be conservative in their vanity pursuits, especially in the eyes of curious and inquisitive custom...

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