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Home Business news

Access Holdings Disowns Circulating 2025 Financial Summary, Awaits CBN Approval for Audited Results

Victoria Emeto by Victoria Emeto
April 22, 2026
in Business news
0
Access Holdings Disowns Circulating 2025 Financial Summary, Awaits CBN Approval for Audited Results

Access Holdings Plc has distanced itself from a circulating “financial highlight” linked to its 2025 audited accounts, stating that the document was shared on social media by an unauthorised source ahead of the official release.

In a clarification, the group said its audited financial statements are still undergoing regulatory review by the Central Bank of Nigeria (CBN), although they have already received approval from the Securities and Exchange Commission (SEC).

The company explained that the full-year audited results will be published on the Nigerian Exchange within 48 hours of final CBN approval, noting that its most recent official accounts remain the nine-month results ended September 30, 2025.

“The company hereby expressly disclaims the said financial highlight and urges the investing public to disregard the same as it is unauthorized,” Access Holdings stated.

In a disclosure dated March 31, 2026, the company confirmed it had obtained SEC approval to file and publish its audited financial statements once final clearance is received from the CBN. This followed an earlier extension granted by the SEC in February, allowing the group until March 31, 2026, to submit its FY2025 results, subject to regulatory approval.

The delay underscores the multi-layered approval process governing banks and financial holding companies in Nigeria, with final clearance still pending beyond the expected timeline.

Despite the delay, the group’s nine-month performance for the period ended September 30, 2025, showed strong earnings momentum. Pretax profit rose 10.40% year-on-year to N616.2 billion, driven by growth in both interest and non-interest income streams.

Interest income stood at N2.9 trillion, up from N2.3 trillion in the same period the previous year. Loans and advances contributed N1.3 trillion, while investment securities generated N1.13 trillion.

On the non-interest side, the group recorded N600.4 billion in fees and commissions, N255.4 billion in foreign exchange gains, and N140.4 billion in other operating income.

Despite rising operating expenses, the diversified revenue base supported the improved profitability outlook ahead of the awaited full-year results.

The company’s listed entity, ACCESSCORP, has also recorded strong market performance, gaining over 42% year-to-date on the Nigerian Exchange with more than 4.2 billion shares traded as investors await the audited accounts.

As of pre-market trading on April 22, 2026, the stock was priced at N29.95.

Access Holdings also recently appointed Emeka Anthony Ogbechie as its Chief Financial Officer, with effect from February 23, 2026.

Tags: #AccessHoldings#CBN#FinancialResults#NigerianExchange
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