Access Holdings grows assets to N42.45 trillion in H1 2025

Access Holdings controlled 42.45 trillion naira in assets through June as Nigeria’s largest bank expanded customer deposits and lending operations. The financial services company reported 2.5 trillion naira in revenue for the six months, driven by interest income that climbed 38.9 percent from the previous year.

Subsidiaries contributed 65 percent of pretax profit while international operations strengthened performance across African markets. Net profit declined to 215.92 billion naira from 281.33 billion naira as impairment charges reduced earnings despite revenue growth.

Payment processor Hydrogen handled 41.1 trillion naira in transactions, triple the volume from the first half of 2024. The pension division increased revenue by 29.9 percent while digital lender Oxygen generated 5.4 billion naira since launching in the third quarter of 2024.

Management said the group will expand digital services and cross-selling between units. Shareholders’ equity rose to 3.83 trillion naira from 3.76 trillion naira in December as the bank maintained capital adequacy ratios.

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