Access Holdings Enters N1 Trillion Club on NGX with Significant Share Price Growth

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Access Holdings Plc, a prominent member of Nigeria’s Big Five Banks, has joined the N1 trillion market capitalization club on the Nigerian Exchange (NGX) Limited.

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The financial institution’s entry came a day after United Bank for Africa (UBA) achieved the milestone.

Access Holdings’ shares appreciated by 8.93%, reaching N29.70 per unit, resulting in a market capitalization of N1.055 trillion.

With 35,545,225,622 shares outstanding, the bank transacted 85,207,686 units valued at N2.5 billion.

FBN Holdings, another N1 trillion club member, reentered the fold with a 10.00% share price increase, closing at N28.60 per unit and a market capitalization of N1.027 trillion on Tuesday.

The exclusive N1 trillion club now includes Dangote Cement, UBA, MTN Nigeria, GTCO, Access Holdings, Zenith Bank, Seplat Energy, BUA Cement, FBN Holdings, and Airtel Africa.

Gbenga Samson
Gbenga Samsonhttp://ThisDayLive.com
Samson Gbenga Salau [Editorial Board Adviser] Gbenga Samuel Salau is a professional journalist with over 17 years experience in journalism, he is a graduate of Communication and Language Arts, University of Ibadan. On completion of his youth service, he joined The Guardian as a freelance journalist and was later absorbed as a staff. While in the University, he was a campus journalist reporting for the Independence Hall and Faculty of Arts Press Clubs. As a campus journalist, he won the following awards; Independence Hall Press Best News writer; University of Ibadan Union of Campus Journalists’ Best News Reporter/Writer; First Runner-up, Reuben Abati Award for Investigative Journalism; Association of Faculty of Arts Students’ Press Best Reporter; University of Ibadan Union of Campus Journalists’ Best Political Writer; Winner, Reuben Abati Award for Investigative Journalism, and University of Ibadan Union of Campus Journalists’ Best Interviewer. He served the Association of Communication and Language Arts Students, as the Public Relation Officer, the same year he was appointed the News Editor of the Association of Faculty of Arts Students Press. The following session, he was made the General Editor, and a member of the 13-man University of Ibadan Students’ Union Transition Committee. As a reporter in The Guardian, in 2014, he won the Promasidor Quill Award Best Report on Nutrition and DAME Business Reporting category. In the 2015 edition of the Promasidor Quill Award, he won the best Report on Nutrition and Brand Advocate Categories, while in 2016, he won the NMMA Print Journalist of the Year, first runner-up Golden Pen Reporter of the Year and SERAs CSR Awards. Gbenga Salau loves traveling, reading, and listening to songs with good lyrics no matter the genre.

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