Nigerian banker Herbert Wigwe’s Access Holdings gains majority control of Angolan bank, Finibanco
Wigwe holds a 9.09-percent stake in Access Holdings, or 3,230,789,014 ordinary shares.
Wigwe holds a 9.09-percent stake in Access Holdings, or 3,230,789,014 ordinary shares.
Ovia’s 16.2-percent stake in Zenith Bank, comprising 5,072,104,311 ordinary shares, accounts for the majority of his fortune.
Wigwe’s 9.09-percent stake in Access Holdings is valued at $67 million, cementing his status as one of Nigeria’s richest businessmen.
Balogun founded First City Merchant Bank, a company that later became FCMB Group, a large financial conglomerate in Nigeria.
Wigwe has expanded his stake in Access Holdings, driving growth and confidence in the financial sector.
Onyeagwu’s stake in Zenith Bank has increased from 0.26 percent, or 82,176,078 shares, to 0.29 percent, or 90,176,078 shares.
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.
Wigwe holds a 4.51-percent stake in Access Holdings.
Wigwe owns 4.51 percent of Access Holdings.
Wigwe is regarded as one of the most successful bankers in Nigeria.
Ovia owns a sizable 16.2-percent stake in Zenith Bank.
The group also plans to expand its presence in Europe by opening a new unit in France.
Wigwe owns a 4.51-percent stake in Access Holdings.