Access Holdings, controlled by Aigboje Aig-Imoukhuede, must sell down foreign subsidiaries within 12 months after new Central Bank rule

Billionaires Africa | 06.05.2026 15:29
Access Holdings, the parent company of Nigeria's largest bank by assets, has announced it will reduce its equity stakes in some of its foreign subsidiaries after the Central Bank of Nigeria issued a new rule capping Nigerian banks' equity investments in overseas units at no more than 10% of total shareholders' funds, Bloomberg reported on May 5.