Access Holdings Plc (NGSE:ACCESSCORP) entered into an agreement to acquire 68.54% stake in First Guarantee Pension Limited from First Bank of Nigeria Limited on May 18, 2022. The deal is subject to approval by regulatory board. The National Pension Commission and Central Bank of Nigeria have given their no objection to the transaction. As on August 31, 2022, Access obtained the necessary regulatory approvals that will make First Guarantee Pension its subsidiary. First Guarantee Pension to be headed by Herbert Wigwe.

Access Holdings Plc (NGSE:ACCESSCORP) completed the acquisition of 68.54% stake in First Guarantee Pension Limited from First Bank of Nigeria Limited for NGN 18.4 billion on August 31, 2022.