Access Holdings, one of Nigeria’s leading financial institutions, share price plummeted by 6.26% in the wake of the tragic passing of Herbert Wigwe, the esteemed CEO of Access Bank.
The decline comes on the heels of a bearish week for the company, where it already saw a 2.25% decrease in its stock value.
Investors and shareholders expressed their grief and solidarity as they mourned the loss of Herbert Wigwe, a revered figure in the banking industry known for his visionary leadership and strategic acumen.
Access Holdings’ shares closed at N23.20, marking a drop of N1.55 from the previous trading day’s closing price of N24.75.
Market analysts observed a surge in trading activity surrounding Access Holdings’ stocks, making it the most actively traded stock on the Nigerian Exchange Group (NGX) today.
Approximately 24.90 million units of ACCESSCORP were traded with a total trading value of N575.1 million.
Patrick Ajudua, President of the New Dimension Shareholders Association, emphasized the profound impact of Wigwe’s loss on the entire Access Bank community and stakeholders.
Moses Ibrude, National Coordinator of the Independent Shareholders Association of Nigeria, echoed similar sentiments, recognizing Wigwe’s remarkable contributions to Access Holdings and the broader financial sector.
