The Central Bank of Nigeria (CBN) has granted an approval in principle to Access Bank plc, following its merger with Diamond Bank plc recently.
Victor Etuokwu, executive director, personal banking disclosed this on Monday at a press conference in Lagos.
He noted that the bank had gotten pre-merger approval and will receive the final approval after the extra ordinary meeting scheduled to hold next month.
“It is a merger. We have come together to complement each other to create a robust bank”, Etuokwu said.
He said the bank is currently in 15 countries and before the end of June it will have a franchise in Hongkong.
Hope Moses-Ashike
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
