Elevate your living experience to new heights with Adron Homes‘ VIDCO SERIES 2-Bedroom Terrace Apartments – an embodiment of modern luxury and convenience. With access to a suite of modern facilities such as football pitches and recreational grounds, residents can immerse themselves in a vibrant and active community lifestyle right within their own neighborhood. Imagine the joy of unwinding after a busy day with a friendly game of football or enjoying leisurely strolls through beautifully landscaped recreational areas – all just steps away from your doorstep.
What sets Adron Homes’ VIDCO SERIES apart is not just its lavish amenities, but also its unwavering commitment to affordability and convenience. In today’s challenging economic climate, the flexible payment options offered by Adron Homes make owning your dream home a reality without straining your finances. Whether you’re a first-time homebuyer or a seasoned investor, these convenient payment plans ensure that everyone can access modern housing solutions without compromise. Additionally, the nationwide availability of the VIDCO SERIES apartments across all Adron home estates guarantees accessibility for all, making it the preferred choice for discerning individuals and families alike.
Moreover, the VIDCO SERIES apartments boast a robust infrastructure designed to enhance the quality of life for residents. From the meticulously crafted stamped concrete road network to the stable solar street lights illuminating the pathways, every aspect is carefully curated to ensure safety, accessibility, and aesthetic appeal. Furthermore, the reliable power supply integrated into these apartments ensures uninterrupted electricity, creating a conducive environment for modern living. Don’t miss out on the opportunity to elevate your lifestyle – visit any Adron Homes office nationwide or call any of the following telephone numbers : 08022122490,07055277727,08023781123,08023236621 to learn more about how you can key into the VIDCO SERIES and embark on a journey towards a brighter future. Alternatively, visit www.adronhomesproperties.com for more information.
Nestled in the heart of Ogun State, Sagamu stands as a beacon of economic potential in Nigeria. Its strategic location along major transportation routes, including the bustling Lagos-Ibadan Expressway and the proposed Lagos-Ibadan railway, positions it as a prime investment destination for those seeking lucrative opportunities in real estate.
Sagamu’s allure lies not only in its proximity to Lagos, Abeokuta, Papalanto, Ibadan expressway, and other commercial nerve centers but also in its evolving urban landscape. The city is experiencing rapid urban expansion, fueled by population growth and industrial development. This expansion paves the way for diverse investment prospects, ranging from residential to commercial and industrial projects.
One of the key drivers of Sagamu’s economic growth is its robust infrastructure development. Government investments in road networks, electricity, water supply, and telecommunications infrastructure have been instrumental in enhancing the city’s appeal to investors. As infrastructure improves, land values in Sagamu and its environs are poised to appreciate, offering promising returns on investment.
With the Adron Homes and Properties Houston Park and Gardens estate Kajola behind the International Breweries Ltd, Winter Park, and Gardens estate, opposite the Gateway International Stadium Sagamu and our Imperial Park and Gardens, GRA quarters also in Sagamu. You can also be part of the industrial and economic prowess of this city.
Sagamu’s status as an industrial hub further enhances its investment potential. The city is home to thriving industrial estates and manufacturing hubs, attracting businesses seeking affordable land and a conducive business environment. Investors keen on capitalizing on the burgeoning industrial sector can explore opportunities in land acquisition for commercial and industrial purposes.
Beyond industrialization, Sagamu boasts fertile land suitable for agriculture. With a growing focus on agricultural production and food security, investing in farmland presents an enticing opportunity. Commercial farming, agro-processing industries, and agribusinesses stand to benefit from Sagamu’s agricultural potential.
Tourism also plays a pivotal role in Sagamu’s economic landscape. The city boasts natural attractions such as the iconic Olumo Rock and the scenic Oyan Dam, drawing tourists from far and wide. Investors eyeing the tourism sector can explore opportunities in land acquisition for hospitality and recreational facilities, catering to the needs of visitors.
Government policies and regulations governing land ownership and development are critical considerations for prospective investors. Ogun State’s pro-business policies aimed at promoting investment and development provide a conducive environment for real estate investment in Sagamu.
Market demand analysis is another crucial aspect to consider when buying land in Sagamu. Factors such as population growth, employment opportunities, and lifestyle preferences influence market demand for different types of properties. Investors should conduct thorough market research to identify lucrative investment opportunities aligned with market demand.
In light of Sagamu’s promising economic prospects, investors are advised to exercise due diligence and seek professional advice before making investment decisions. Making informed decisions means going to a tested and trusted real estate company with a proven record of 12 years of real estate development across major cities in Nigeria. Adron Homes has proven to be the best in real estate development and practices with over 40,000 customers and 3,000 homeowners who have benefitted from the company’s flexible payment structures which allow buyers to pay for land In installments without stress.
In conclusion, Sagamu, Ogun State, offers a wealth of economic opportunities for investors looking to buy land. With its strategic location, urban expansion, robust infrastructure, industrialization, agricultural potential, tourism attractions, favorable government policies, and market demand, Sagamu stands as a compelling destination for real estate investment in Nigeria’s evolving landscape and when deciding to buy in this location, consider buying from Adron Homes And Properties.
Nestlé’s Nutritionist, Cissoko, Provides Insights On Harmonious Transition To A Balanced Diet After Ramadan
The sacred month of Ramadan came to an end about 24 hours ago with Eid al-Fitr celebrations which mark the end of the fasting period.
This technically raises the issue of how to smoothly return to daily eating habits after the sunrise to sunset, no water or food long hours.
Then, breaking the fast at sunset, followed by one to two more meals before dawn. Meals during Ramadan are often more abundant and richer than usual, consumed at unusual hours of the night.
As the sacred month of Ramadan comes to an end with Eid al-Fitr, the celebration marking the end of the fasting period, many people wonder how to smoothly return to their daily eating habits. How can one make this transition without any hiccups and adopt behaviors that promote a healthy diet while avoiding post-Ramadan nutritional pitfalls?
To guide you in this process, Dr. Cissoko, Nutritionist at Nestlé, provides some insights for a harmonious transition to a balanced diet after Ramadan.
Readjusting Your Digestive System without Rushing:
To avoid potential stomach discomfort, bloating, constipation, or diarrhea, it is recommended to opt for easily digestible foods. Fish is preferable to meat as it is lighter and easier to digest. Cooked vegetables with low fat content are also gentler on the digestive system compared to raw vegetables. Whole or semi-whole grains are rich in fiber and promote a healthy intestinal transit. Fully ripe fruits are also easier to digest than unripe ones.
Water, on the other hand, is your best ally for a smooth transition before returning to a normal diet. In addition to maintaining the body’s water balance, it plays an essential role in digestion by facilitating the process and helping eliminate toxins. Water remains the best beverage.
Lastly, prioritize small portions and take the time to chew your food well, which allows for better digestion and optimal nutrient absorption.
Opt for Gradual Changes, the Key to Dietary Rebalancing:
For a smooth transition after Ramadan, it is recommended to adopt a measured and thoughtful approach, whether in introducing different food groups or in the frequency and intensity of physical activities. Take the time to gradually introduce foods in a balanced manner, ensuring to include all necessary food groups for a healthy diet. It is important to note that physical exercise is of paramount importance in the context of a balanced diet. Light activities such as walking are particularly recommended at the beginning. They stimulate the body without subjecting it to excessive efforts. Over time, you can gradually increase the intensity of these physical activities according to your abilities. This gradual approach is the key to regaining dietary balance after Ramadan.
Avoiding Post-Ramadan Nutritional Pitfalls:
It is important to remain aware of potential nutritional pitfalls that could hinder a balanced diet.
Excessive Sugar Intake: After a period of fasting, it can be tempting to indulge in excessive sweets and desserts. It is essential to limit the consumption of added sugar and prioritize natural sources of sugar, such as fruits.
Excessive Portions: After fasting, it is common to want to compensate by eating larger portions. However, this can lead to overeating and calorie imbalance. It is important to maintain moderate portions and eat slowly to better feel satiety.
Ensuring a Good Variety of Foods: After Ramadan, it is essential to maintain a balanced diet by ensuring the inclusion of a variety of foods to guarantee an adequate intake of essential nutrients. Make sure to include a wide range of fruits, vegetables, lean proteins, whole grains, and sources of healthy fats in your meals.
Maintaining Proper Hydration: After a period of fasting, it is important to ensure adequate hydration. Make sure to drink enough water throughout the day to maintain good hydration. It is recommended to consume at least 2 liters of water per day.
Being Mindful of Snacking: Prioritizing structured meals over snacking helps maintain a healthy weight and avoid unnecessary calorie intake.
Listening to Your Body: Relearning to listen to hunger and satiety signals is a valuable skill to adjust your diet to your true needs.
Planning to Avoid Slip-Ups: Anticipating and preparing meals is an effective strategy to stick to a balanced diet and avoid impulsive food choices.
The period following Ramadan is an opportune time to establish or reinforce healthy and sustainable eating habits. By taking conscious steps, each individual can make the most of this transition to nourish their body and mind.
At Nestlé, we encourage and support this journey by offering a variety of products and tips to accompany you in your quest for a balanced diet.
Eid-El-Fitr: Adron Boss Aare Adetola Felicitates with Muslim Faithfuls, Harps on Peace and Unity
Aare Adetola Emmanuelking, the Chairman and Chief Executive Officer of Adron Homes and Properties, has extended his warm greetings to the Muslim faithful across the country on the occasion of Eid-El-Fitr. He acknowledged their steadfastness and consistency during the 30-day fasting period, which ended yesterday.
In his congratulatory message, Aare Adetola Emmanuelking emphasized the importance of prayer in moving the country forward. He urged all Muslim brothers and sisters to intensify their prayers and work towards fostering more unity and tolerance, which are the core values of Islamic teachings.
As the Otun Asiwaju Onigbagbo of Remo Land, he highlighted that Islam is a religion of peace, and for peace to reign, it requires collective efforts in love and unity as the house divided against itself cannot stand. He also encouraged all Muslims to continue their prayers and supplications for the country and its leaders to guide us right and take us to the promise land as we all don’t have anywhere we can call home aside Nigeria.
Moreover, Aare Adetola Emmanuelking stressed the need for synergy between religious bodies in Nigeria to promote the country’s development as we all share one common goal, which is to serve God, regardless of our religion.
As Nigerian Muslims celebrate the Eid-el-Fitr with their counterparts across the world, Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, says he joins other faithful in their steadfast belief that Almighty Allah will listen to their supplications and meet their needs at this time.
Dr. Obasa’s prayer came in his congratulatory message to Muslims for having the divine privilege from Allah to partake in the Ramadan.
According to Obasa, in a statement by his Chief Press Secretary, Eromosele Ebhomele, the Eid-el-Fitr is not just a time to eat and be merry, but a day dedicated for thanksgiving to God for the strength and passion He has given the Muslim faithful.
“It is a day to reflect on the blessings and opportunities that have been granted by Allah just as it is a period to engage in acts of charity and love to one another.
“As emphasised in the Holy Book, Muslims are advised to give at this period and beyond. They are urged to share love and be compassionate while having the consciousness of Allah’s mercy upon us all.
“I congratulate Muslim faithful both in Lagos, Nigeria and the world for the successful conclusion of the Ramadan while praying that Allah hearkens to all our supplications throughout the period with the faith that He will continue to bless our state and country,” the Speaker said.
Obasa urged the citizens to mark the festival rededicating their lives to God and doubling their patriotism to the country for national prosperity.
“We all must continue to work hard as we build a peaceful, united and prosperous Nigeria under President Bola Ahmed Tinubu while upholding the lessons that Ramadan brings.
“As Nigerians, regardless of our religious beliefs, we have a country that we aspire to see. We all have to make the country achieve that greatness by being more patriotic and working with the government.
“In the same vein, it has been an upward progression for Lagos. The result of the effective collaboration among the arms of the government is very obvious.
“At the House of Assembly, our pro-people direction has resulted in legislation, motions and resolutions that have brought happiness to the residents of our state. We promise to continue to build on our successes.
“On behalf of my family, colleagues at the House, the management and staff of the Assembly, I wish our Muslim brothers and sisters a beautiful celebration,” Dr. Obasa said.
Eromosele Ebhomele
Chief Press Secretary to the Speaker of the Lagos State House of Assembly.
CAN inducts Aare Adetola and Yeye Aderonke as Otun Asiwaju and Yeye Otun Asiwaju Onigbagbo of Remo Land
In celebration of his 49th birthday on the 2nd of April, The Chairman and Chief Executive Officer of Adron Homes and Properties; Aare Adetola Emmanuelking and his wife Yeye Aderonke Emmanuel King were both inducted and decorated as Otun Asiwaju Onigbagbo and Yeye Otun Asiwaju Onigbagbo of Remo Land at the Communion Faith Assembly, Garden of Faith, Kemta House Estate, Idi-Aba Abeokuta Ogun state. At the Induction ceremony, Aare Adetola and His beautiful wife were ordained by top Ogun State clergymen and members of the Christian Association of Nigeria CAN Ogun State Chapter under the leadership of Bishop Dr TUNDE Akin-Akinsanya and his team comprised of Rev Dr O Oyeniyi chairman CCN, Most Rev Dr Peter Odetoyinbo Chairman CSN, Rev Dr S.O Babayomi Chairman ECWA/TEKAN, Pastor J K Onakoya (JP) Chairman CPFN/PFN and Rev Leke Sopein Chairman OAIC who also held a special service to celebrate his birthday.
It was gathered that the inductee, Aare Adetola during his National Youth Service year in Bayelsa State, was an active member of the Christian youth corps members in Bayelsa State during his National Youth Service year, where he held the position of State Coordinator for Nigeria Christian Corpers’ Fellowship (NCCF) Bayelsa State from 2000-2001. He also served as the President of the Youth Fellowship of Living Faith Church (Winners’ Chapel) Sagamu from 2002-2004 and became the prayer squad coordinator for the Living Faith church from 2005-2007. Aare Adetola has been ordained as Deacon of the Living Faith Church (Winners’ Chapel) Sango Otta, a position he has held since 2008. This was part of the reason that led to his induction as the Otun Asiwaju Onigbagbo of Remo Land as the deputy to his excellency Former Governor of Ogun State, Senator Engr. Gbenga Daniel who is the Asiwaju Onigbagbo of Remo Land.
During the induction, the officiating Bishop and the CAN Ogun state Chairman Bishop Dr Tunde Akin-Akinsanya also implored Aare Adetola and his wife Yeye Aderonke to continue to support the propagation of the gospel and also dedicate their wealth to giving immensely to the church and CAN projects in Ogun State. He also harped on the need to become worthy ambassadors for Christ as the position he holds is of great value to the Christian faith and it also plays a pivotal role in the development of Christianity within Remo and beyond the shores of Ogun State.
Aare Adetola who thanked the Christian body for finding him worthy of such a highly coveted title disclosed that he is more than happy that the induction is coming on his birthday and it’s an indication of a new beginning in his life. He also disclosed that; all he has acquired to date was as a result of the favour of God on his life and he will never derail from projecting his good works in his life and he will forever be a good ambassador of the CAN and the body of Christ at large. “I am excited and happy for this induction; it’s coming on my birthday day and it makes it more significant. I and my wife are both grateful to the CAN Ogun State chapter for this and also to our friends and associates who came to honour us. I and my household will keep investing in the work of God and we will never derail from it. This will mark the beginning of the growth of Christianity in Remo land as I will play my part accordingly and pray to God to help me fulfil all my heart desires.”
Yeye Aderonke Emmanuelking who gave her life to Jesus Christ in October 1995, joined the Eagle’s Trainers Church aka Heritage Assembly where she diligently served in the service of God within the ushering department of the church until 1998/1999 before her academic pursuit. She later joined the Redeemed Christian Church of God as a young lady and a student at the Lagos State University where she subsequently became a member of the Living Faith Church upon her marriage to Aare Adetola Emmanuelking in April 2007. Since her marriage, she has strongly enshrined the Christian faith in her home and nurtured many young persons to spiritual growth in the Christian faith. In her remarks; she disclosed her readiness to be a pillar of support in ensuring the husband focuses more on the works of God and also promised to always motivate him by ensuring he devotes his time and resources to the works of Christ. ‘As a pillar of support, I will always be by his side and also motivate him to contribute his quota to the development of God’s work.” She concluded.
Aare Adetola also disclosed that; at a later date, he would be hosting his friends and family to an elaborate thanksgiving Soiree and that the induction was just an avenue to enable him to take the oath of office, blessings and other paraphernalia. “The induction was just to receive the blessings and also do the normal rites. I will be hosting my friends at a Thanksgiving party soon. The mood of the country is not good for a massive Soiree so when things pick up in the country, I will send invitations around for a mega Thanksgiving party. I want to thank CAN for finding me worthy of this honour. I want to thank the Executive Governor of Ogun State; Prince Dapo Abiodun for his support, also the Asiwaju Onigbagbo of Remo Land; Former Governor of Ogun State Senator Gbenga Daniel and The Asiwaju Onigbagbo of Ogun State; Former President Olusegun Obasanjo for their commitment to God work. May Almighty God continue to strengthen.”
Aare Adetola Emmanuel-King Celebrates Birthday, Rededicates commitment to Building Cities and Philanthropy
Aare Adetola Emmanuel-King, the Chairman and CEO of Adron Homes and Property, has once again expressed his dedication to building new cities and impacting the lives of people through affordable homes and philanthropy in celebration of his birthday today April 2nd 2024. Aare Adetola believes that his achievements thus far are divinely ordained and he remains thankful to his creator. Aare Adetola made this known at his birthday thanksgiving praise and worship session at his country home, where; family, friends, staffs and associates converged to thank God on his behalf.
Aare Adetola is known for building cities through his Adron Homes and Properties company and he is convinced that his best is yet to come. He is confident that as he ages, he gets better and with solid experience, he can navigate the challenges of life. He is committed to expanding his conglomerate and using his God-given wealth to uplift the downtrodden.
In the spirit of Ramadan and Easter, Aare Adetola has reached out to many downtrodden with edible items to celebrate his big day. Despite his plea with friends and family to shun elaborate celebrations due to the current dwindling economy and other issues of national interest, Aare feels his birthday is mainly geared towards giving. He encourages anyone who wants to celebrate him to also reach out to motherless baby homes, schools for children with special needs, among others to donate on his behalf.
Aare Adetola believes that wealth and success are measured by the number of people that grow through one’s efforts. He is committed to building more cities and affordable homes for people as a way of touching lives and making people transition from house renters to homeowners. He believes that everyone who has in abundance should also give to those who do not have, especially during these hard times in the country.
Adron Homes Extends Easter Greetings to Christian Community
By Adeyemi Obadimu Veron
Adron Homes, a leading real estate developer, is extending heartfelt greetings to the Christian community as they celebrate Easter, a time of faith, hope, and renewal.
As we gather in the light of Easter’s dawn, Adron Homes acknowledges the profound message of hope that this sacred season represents. To our cherished Adron Homes family of Christian faith around the globe, we wish for this Easter to resonate deeply within your hearts.
Easter stands as a testament to the unyielding power of faith, serving as a beacon of light in times of darkness and a promise of renewal in moments of despair. It is a time for us to rejoice in the triumph of Christ’s resurrection and find comfort in the promise of eternal life and divine grace.
As we commemorate this joyous occasion, Adron Homes encourages reflection on the lessons of love, forgiveness, and redemption that Easter embodies. We urge everyone to strive to embody these virtues in their daily lives, fostering a sense of unity, compassion, and goodwill towards all.
On behalf of Adron Homes, we extend our warmest wishes to the Christian community and their loved ones this Easter season. May the blessings of peace, joy, and prosperity be abundant in your lives, and may the spirit of Easter inspire you to live with faith, hope, and love.
Wishing you all a happy and blessed Easter from the entire team at Adron Homes. May God bless you abundantly.
Rekhiat Momoh: Rise of an Amazon in the Power Sector
In a sector that has not always made space for women, Rekhiat Momoh, the newly appointed Acting CEO of Eko Electricity Distribution Plc (EKEDC), has fearlessly taken up a conspicuous space for herself. A self-driven professional who comes across as an enviable Amazon and achiever in an area and era where everyone seems to understate the role and worth of a driven woman, those who know Rekhiat say she exemplifies a modern yet timeless construct of femininity that manifests as a blend of relentless and noble pursuits.
For the past three decades, Rekhiat has worked her way up in the power sector and served the EKEDC in various capacities, most recently as the Chief Commercial Officer (CCO).According to a statement announcing her new appointment, “Mrs Momoh has been in the power sector for more than 31 meritorious years. She has risen through the ranks in the power sector from the days of NEPA, PHCN, and now Eko Disco, receiving several excellence awards, commendations, and medals.
“A marketer by training, she has an MBA from the Lagos State University. She is a fellow of several organisations including the Nigeria Institute of Management, the National Institute of Marketing of Nigeria, and several others. She has attended several local and international leadership and management courses and training programmes.” The board further expressed confidence in her ability to perform in her new role effectively and take the company to greater heights.
The Edo State native will oversee Eko Disco’s operations, drive strategic initiatives, service improvements, and stakeholder engagement initiatives within the company through her deep industry knowledge and strategic vision, and ensure the company continues to deliver reliable and efficient power distribution services to its customers.
Indeed, Rekhiat brings extensive experience and exceptional leadership capabilities to her new role. Many described her as a proven team player, change agent, and thought leader in the power distribution space. Her colleagues unanimously said she is the ideal choice to lead EKEDC into the future as her focus on empowering teams, driving continuous improvement, and forging strong partnerships with stakeholders has positioned the company as a frontrunner in the Nigerian power sector.Her appointment further comes at a pivotal time as EKEDC seeks to ramp up productivity and enhance power distribution across its coverage areas.
Born on 7th March 1967, Rekhiat hails from Etsako West Local Government Area of Edo State. She attended Auchi Polytechnic where she obtained OND Business Administration and HND Marketing in 1991 and went on to bag an MBA (Marketing) at the University of Lagos. Without a doubt, the power and pull of Rekhiat’s rise in the power sector will make space for a new generation of young women willing to interrogate their fears and achieve greatness.
Olatunji Oke is the publisher, Lagos Indicator, Nigeria Indicator, and Africa Indicator
Access Holdings Plc Reports Strong FY2023 Financial Performance, Grows PBT by 335%, Earnings to N2.59 Trillion
Access Holdings Plc (“The Group”) has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review, the Group recorded a robust growth in its Profits Before Tax, posting a healthy N729 billion, representing 335% year-on-year (YoY) increase from 2022.
Access Holdings’ Gross Earnings also surged by 87% YoY to N2.59 trillion, up from N1.38 trillion in 2022. This remarkable growth was primarily driven by a 100% increase in interest income and a 67.9% growth in non-interest income. The Group’s Net Interest Income also demonstrated strong performance, soaring by 93.5% YoY to N695.4 billion, compared to N359.6 billion in the previous year. The yield on earning assets also rose remarkably from 9.2% in 2022 to 12.8%.
Access Holdings’ Loans & Advances expanded by 60.5% YoY to N8.9 trillion, accompanied by an improvement in the Non-Performing Loan Ratio, which decreased to 2.8% from 3.2% in 2022. The Group closed the year with N2.18 trillion in Shareholders’ Funds, marking a significant 77.5% growth from N1.23 trillion in FY 2022.
Commenting on the performance, Bolaji Agbede, Acting Group Chief Executive Officer, Access Holdings Plc, said:
“The Group’s strong performance in 2023 reflects our commitment to delivering value to our shareholders and stakeholders amidst challenging operating environments. The significant growth in our earnings is a testament to the resilience, strategic focus, and efficiency of our team, and reflects the diversity of our offering across banking, pension, insurance, and payments driven by robust risk management, best-in-class corporate governance, and cutting-edge technology. As we look ahead, we remain committed to driving sustainable growth, consolidating our footprint, and accelerating the attainment of our 2027 strategic objectives.”
Access Holdings’ regulatory ratios strengthened in 2023 as Capital Adequacy Ratios for the Group, and its flagship subsidiary, Access Bank, stood at 19.01% and 21.09%, respectively. The Liquidity Ratio remained robust at 51.8%, well above the regulatory threshold.
Roosevelt Ogbonna, Managing Director/CEO, Access Bank remarked on the Bank’s accomplishments, saying: “As we reflect on the results of 2023, characterised by robust growth, strategic acquisitions, and expansion into key trade hubs, I am excited about the prospects for Access Bank. Our relentless focus on customer-centricity, digital innovation, and operational excellence has positioned us strongly to capitalise on emerging opportunities. As we enter the consolidation and efficiency phase of our Africa and international expansion strategy, we remain committed to driving sustainable growth, enhancing shareholder value, and delivering exceptional banking experiences to our customers across Africa and beyond.”
Access Holdings’ other subsidiaries also posted strong results, as Access Pensions Limited recorded a 75% growth in gross revenues, amounting to N12.3 billion, while Hydrogen Payment services posted an operating income of N2.1 billion and a PBT of N161 million.
Access Holdings Plc acquired Megatech Insurance Brokers Ltd. (now known as Access Insurance Brokers Ltd.) and successfully completed a US$300million capital injection into Access Banking Group, which acquired several entities including Finibanco Angola S.A., and select Standard Chartered Bank operations in Africa.
Access Bank’s UK subsidiary also opened a branch in Paris and received regulatory approval to commence operations in Hong Kong.
The Group has proposed a final dividend of N1.80 kobo per share for the 2023 financial year, bringing the total dividend payment to N2.10 kobo per share with a total value of N74.6 billion.
Reiterating his confidence in the organisation’s resilience, Aigboje Aig-Imoukhuede, Chairman, Access Holdings, said: “As we navigate this transformative period, we remain confident in the leadership of the Group to continue this upward trend and set the standard for financial service groups in the continent. Access Holdings has a rich history of excellence, and we will continue to deliver unparalleled value to our stakeholders.”
Commencing in the second half of 2024, the Group’s Africa and international expansion strategy will enter the consolidation and efficiency phase, aligning with the institution’s five-year plan to accelerate the attainment of its 2027 strategic objectives.
