Access Holdings Company Plc has secured regulatory approval to establish a consumer lending subsidiary named Oxygen X Finance Company Limited.
Access Holdings obtained approval in principle from the Central Bank of Nigeria for this strategic move.
Dr. Herbert Wigwe, the Group Chief Executive Officer of Access Holdings, expressed enthusiasm about the acquisition, stating, “This acquisition is a natural step in our evolution as a globally connected community and ecosystem. It aligns with our mission to build and sustain one global platform, open for anyone to join, where people can be connected to exceptional opportunities.”
Source: PUNCH