Access Holdings Pauses Dividends for 2025 Financial Year

Access Holdings Plc (NGX: ACCESSCORP) announced that it will not pay dividends for the 2025 financial year, prioritizing capital retention to strengthen its balance sheet and support long-term growth. This decision comes despite the company achieving robust earnings, with gross earnings rising by 13.3% to ₦5.53 trillion, net interest income increasing by 40.9%, and profit before tax growing by 16.2% to over ₦1 trillion for the first time in its history.

The Group Managing Director and Chief Executive Officer, Innocent C. Ik, clarified during an investor earnings call that the non-payment of dividends is not due to weak cash flow but is aligned with regulatory prudence. The company’s total assets expanded by 24.2% to ₦51.56 trillion, and its cost-income ratio improved significantly.

Access Holdings remains committed to resuming dividend payments once regulatory conditions are satisfied and will continue to engage with stakeholders on this matter.