Access Holdings Shifts Focus to Value Creation Strategy

Access Holdings (NGX: ACCESSCORP) has shifted its strategic focus from expansion to value creation, as it aims to enhance earnings per share and achieve returns on equity that exceed the cost of capital. The Group reported total assets of ₦51.56 trillion at the end of 2025, with a profit before tax surpassing ₦1 trillion.

The cost-to-income ratio improved from 56.7% to 51.7%, indicating increased efficiency. However, the return on average equity fell from 21.6% to 18.4% due to higher impairment charges, as the Group made provisions for legacy loans and previously covered exposures.

Access Holdings recognizes that future growth must stem from improved returns rather than further expansion, as it operates in diverse markets with varying economic conditions. The Group's management has acknowledged the challenges of managing a larger organization, emphasizing the need for a cleaner balance sheet to support sustainable growth.