In an update published by **BusinessDay**, Access Holdings Plc has set a new record in the Nigerian banking sector by crossing the N1 trillion threshold in annual pre-tax profit. The financial powerhouse’s 2025 audited results, released this week, showcase a significant surge in interest income and successful expansion across its African and international subsidiaries.
The milestone is being hailed as a testament to the resilience of Nigerian tier-1 banks amidst a volatile macroeconomic environment. Analysts point to the group’s diversified revenue streams, particularly in trade finance and digital banking, as the primary drivers of this unprecedented growth.
Validation: **The Punch** noted that “Access Holdings crosses N1trn pre-tax profit” for the first time in its history. **Nairametrics** also highlighted the achievement, stating that the “banking giant sets new earnings record” in the latest financial filing.
**Echotitbits take:** This massive profit highlights the “decoupling” of the banking sector from the wider struggling economy. While shareholders will celebrate, expect increased calls from the public and labor unions for a “windfall tax” to help fund social programs.
Source: Arise – https://www.arise.tv/access-holdings-surpasses-%E2%82%A61-trillion-profit-signals-shift-to-value-driven-growth/, and May 1, 2026
Photo credit: Arise
