Connect with us

Nigeria News (Standard)

Access Holdings Board Reaffirms Long-Term Value Plan at Lagos AGM, Eyes Resilient Growth

Chairman Aigboje Aig-Imoukhuede tells shareholders disciplined strategy remains despite Nigeria’s evolving economic challenges

Published

on

Chairman Aigboje Aig-Imoukhuede tells shareholders disciplined strategy remains despite Nigeria’s evolving economic challenges

Access Holdings Plc on Wednesday held its 4th Annual General Meeting (AGM) in Lagos, with the board and executive management reaffirming their commitment to a long-term value creation strategy amid what they described as a dynamic operating environment. The meeting, which brought together directors, shareholders, and top executives at the company’s Lagos headquarters, focused on sustaining growth and strengthening the balance sheet for future resilience.

During the AGM, Chairman Aigboje Aig-Imoukhuede, CFR, addressed shareholders by stressing that the real test for any financial institution is not just about expanding rapidly but also ensuring that growth is profitable and sustainable over time. He stated that Access Holdings would continue to pursue disciplined expansion even as the Nigerian economy faces headwinds from currency volatility and shifting regulatory conditions.

The gathering comes at a time when many Nigerian banks and financial institutions are reassessing their strategies in response to naira depreciation and rising inflation. Access Holdings’ leadership used the occasion to reassure investors of the group’s ability to weather economic shifts while maintaining steady returns. According to management, focusing on robust governance and prudent risk management will be key to delivering value for both shareholders and customers going forward.

Aig-Imoukhuede said at the meeting that balance sheet strength remains a top priority, while Executive Director Bolaji Agbede highlighted ongoing investments in digital banking infrastructure as critical for future competitiveness. Other board members present included Group Chief Executive Officer Innocent Ike and directors Ibironke Adeyemi, Ojinika Olaghere, Fatimah Bello-Ismail, Lanre Bamisebi, alongside Company Secretary Sunday Ekwochi.

As Access Holdings continues its strategic transition following industry reforms in recent years, stakeholders expect further updates on capital raising initiatives and regional expansion plans in subsequent quarters. The board told shareholders it would maintain open communication on all material developments affecting the group’s outlook.

Source: https://guardian.ng/business-services/access-holdings-affirms-long-term-value-strategy-at-4th-annual-general-meeting/

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Nigeria News (Standard)

NSCIA Expands National Executive Council to Strengthen Muslim Representation Nationwide

Islamic council increases leadership body size, aims for broader inclusion of stakeholders across Nigeria’s six geopolitical zones

Published

on

Islamic council increases leadership body size, aims for broader inclusion of stakeholders across Nigeria’s six geopolitical zones

The Nigerian Supreme Council for Islamic Affairs (NSCIA) has announced the expansion of its National Executive Council, a move aimed at deepening representation and strengthening the council’s capacity to address Muslim affairs across Nigeria. The development was made public on Monday, 5 October 2026, following a meeting of top council officials in Abuja.

According to the statement released after the meeting, the NSCIA leadership resolved to increase the number of seats on its executive body. The council said this adjustment will allow for greater input from Muslim leaders and scholars from all six geopolitical zones, reflecting the diverse interests and challenges faced by Nigeria’s Muslim community.

The decision comes at a time when many stakeholders in the Islamic community have called for more inclusive governance structures within faith-based organisations. The council noted that as Nigeria’s Muslim population continues to grow and diversify, it is critical that leadership bodies remain responsive to changing realities. The expanded executive is expected to facilitate improved consultation and coordination on religious matters affecting education, social welfare, and interfaith relations.

In its official statement, the NSCIA emphasised that “the expansion will enhance collaboration among stakeholders and ensure that voices from every region are properly represented.” While no specific figures were disclosed regarding the number of new seats or names of new appointees, the council assured members that transparency and merit would guide all selections. Attempts to reach opposition or dissenting voices within the council were unsuccessful as at press time.

The NSCIA said it will release a full list of new executive council members following its next general assembly. Observers say this move could influence policy directions within Nigeria’s wider religious landscape over the coming months.

Source: https://www.premiumtimesng.com/news/more-news/914524-nscia-expands-its-national-executive-council.html

Continue Reading

Nigeria News (Standard)

Lagos Tenant Discovers Landlord’s Father Buried Beneath Living Room After Over a Year

Landlord’s family exhumes remains in Surulere flat, pledges to repair sitting room after tenant expresses shock

Published

on

Landlord’s family exhumes remains in Surulere flat, pledges to repair sitting room after tenant expresses shock

A Lagos tenant, identified as Mr Bachelor, has revealed he lived for more than a year in a Surulere apartment without knowing his landlord’s late father was buried beneath the living room floor. The discovery was made on September 20, 2026, when members of the landlord’s family visited the property and informed the tenant of their intention to exhume the remains.

According to Mr Bachelor, who shared details of the incident on X (formerly Twitter), he was in his apartment when the landlord’s relatives arrived and disclosed that their late brother—who is also the landlord’s father—had been buried in the middle of his sitting room. “He was buried right in my living room, and I was not aware until they came around today,” he stated.

The family explained that they planned to move the body to another location they had prepared and assured Mr Bachelor that necessary repairs would be made to his sitting room after the exhumation. The tenant noted that he was the first occupant of the newly built house and had spent over a year there before learning about the burial.

The incident has raised fresh concerns among Lagos residents about transparency from landlords regarding property histories. Some social media users responding to Mr Bachelor’s post urged prospective tenants across Nigeria to conduct due diligence before moving into rental properties. Others called for clearer regulations around residential burials and disclosure by property owners.

As at press time, neither local authorities nor tenants’ rights groups have issued official statements on the matter. The landlord’s family has not provided additional comments beyond assurances of repairs. The situation highlights ongoing gaps in property regulation and tenant protection in Lagos State.

Source: https://www.pulse.ng/story/man-discovers-corpse-buried-under-living-room-2026100506463406930

Continue Reading

Nigeria News (Standard)

INEC to Address Nigerians Nationwide as 2027 Election Countdown Reaches 100 Days

Electoral commission prepares public statement amid growing anticipation for next general polls across all states

Published

on

Electoral commission prepares public statement amid growing anticipation for next general polls across all states

The Independent National Electoral Commission (INEC) has announced plans to address Nigerians nationwide as the countdown to the 2027 general elections hits the 100-day mark. The development, expected to take place across all states, comes as political parties and voters begin preparations for one of the country’s most significant democratic exercises.

According to information from INEC headquarters in Abuja, the commission will issue a formal statement to outline its readiness and call on citizens to participate actively in the electoral process. This move is seen as part of efforts to assure stakeholders of INEC’s commitment to credible and transparent polls, following widespread debates over electoral integrity in recent cycles.

The announcement is particularly significant given Nigeria’s recent history of tightly contested elections, with issues such as voter turnout, technological deployment, and security logistics taking centre stage. Many Nigerians, especially young voters, have expressed concerns about the credibility of past elections and are watching closely for signals of improvement in 2027.

While details of INEC’s planned address remain under wraps, observers expect the commission’s leadership to emphasise the importance of voter registration, collection of Permanent Voter Cards (PVCs), and adherence to election guidelines. Political analysts note that early communication from INEC could help build public confidence and encourage broader participation ahead of the polls.

With just over three months before Nigerians return to the ballot box, all eyes are on INEC’s next steps. The commission is likely to face scrutiny from both ruling and opposition parties over its preparations. As at Monday, October 5th, no official response has been issued by major political parties regarding INEC’s planned address.

Source: https://www.premiumtimesng.com/news/top-news/914520-2027-inec-to-address-nigerians-as-election-countdown-hits-100-days.html

Continue Reading