Access Holdings Pauses Dividends for 2025 Financial Year

Access Holdings Plc 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.