One of Nigeria’s richest bankers, Herbert Wigwe rakes in $2.7 million in 19 days
Wigwe holds a substantial 9.09-percent stake in the lender, equating to 3,230,789,014 ordinary shares.
Wigwe holds a substantial 9.09-percent stake in the lender, equating to 3,230,789,014 ordinary shares.
Wigwe, the group managing director and CEO of Access Holdings, Nigeria’s largest lender in terms of assets, holds a 9.09-percent stake in the lender.
Earlier this year, under Wigwe’s leadership, Access Holdings pledged a substantial $300-million capital investment to its flagship subsidiary.
Wigwe’s stake in Access Holdings has grown by N7.59 billion ($9.87 million), reaching N55.89 billion ($72.7 million) .
Wigwe owns a 9.09-percent stake in Access Holdings, or 3,230,789,014 ordinary shares in the lender.
Access Bank Kenya is the Kenyan banking unit of Access Holdings, a financial services conglomerate.
Wigwe, the group managing director and CEO of Access Holdings, Nigeria’s largest lender in terms of assets, holds a 9.09-percent stake in the lender.
Wigwe’s 9.09-percent stake in Access Holdings is valued at $67 million, cementing his status as one of Nigeria’s richest businessmen.
Over the past 15 days, Wigwe’s 8.95-percent stake in Access Holdings has witnessed a remarkable boost, rising by $23.2 million.
Wigwe has expanded his stake in Access Holdings, driving growth and confidence in the financial sector.
The transaction has increased Wigwe’s stake in Access Holdings from 9.19 to 9.62 percent.
Access Holdings is a pan-African financial services conglomerate.
After the transaction, the market value of Wigwe’s stake in Access Holdings now amounts to nearly $64 million.
Wigwe holds a 4.51-percent stake in Lagos-based financial services conglomerate, Access Holdings Plc.
The Wigwe-led group has solidified its position as the largest bank in Nigeria by total assets with its assets surging to $32 billion.
Herbert Wigwe owns a 4.51 percent stake in Access Holdings, Nigeria’s largest bank in terms of assets.