Monday, April 13, 2026
26.7 C
Lagos

Access Bank Denies Allegation of Missing N500m

Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank Plc.

First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously.

Second, Access Bank Plc does not engage in or condone any unethical behaviour. In the instant case, the allegations of missing funds in the Bank are most untrue and baseless.

There is no N500 million or any other fund or amount missing from the subject customer’s account or from any other customer’s account with us. We and other independent stakeholders in the banking industry have thoroughly investigated these allegations and independently arrived at the same conclusions.

Access Bank Plc operates with the highest ethical standards, and we protect our customers’ interests whilst also respecting privacy laws.

Consequently, whilst we have engaged and will continue to engage with our customers, we must advise the public not to rely on or believe sensational and unverified claims that are designed to titillate and mislead the public.

We remain committed to serving our customers.

Thank you.

Management

spot_img
spot_img
spot_img

Hot this week

Mutual Benefits Highlights Power of Structured Financial Planning as Nigerians Struggle to Save

A growing number of Nigerians are struggling to build...

APC Chairman: Party is Nigeria’s Only Tested Vehicle for Stability, Progress, National Renewal

The National Chairman of the All Progressives Congress (APC),...

RHUCE Taps into Africa’s $3b Creator Economy with New Monetisation Platform 

RHUCE, a new social platform designed for African creatives,...

FG Tasks PenCom on N28tn Pension Assets at Board Inauguration

The Federal Government has inaugurated the Governing Board of...

Inspenonline Retirement Summit 2026: Experts to Brainstorm on Turning Dreams into Reality for Workers

How to turn dreams into reality through insurance; pension...

Topics

Before You Switch From One PFA to Another

The pension industry in Nigeria has evolved over the...

Nuclear is Critical in Nigeria’s ESG Transition

Nigeria is entering a period of profound demographic and...

JUMIA Seeks Better Infrastructure for e-Commerce in Africa

Francis Dufay, the Managing Director of JUMIA Côte d’Ivoire has called for better infrastructure to foster rapid and sustainable growth of the e-commerce sector in Africa. He said Côte d’Ivoire "has the basics of the different types of infrastructure" needed for e-commerce and "the challenge remains to improve each of these elements." E-commerce is based on four key infrastructures: Internet, logistics, payment and the legal framework. Although JUMIA managed to transcend the limitations inherent to each type of infrastructure, allowing it to route some 2,000 parcels daily, several points would benefit from qualitative evolutions; including: Logistics with a need for; better roads, 3PL offering the highest quality of service at competitive prices and a more comprehensive addressing system. Payment; where the widespread adoption of cashless payment methods such as mobile money for which JUMIA enjoys the expert support of MTN, should be encouraged. The regulatory and organisational framework could benefit from more education for stakeholders for a better understanding of contractual implications. And internet, whose penetration estimated at 8 million people in Côte d'Ivoire, remains curtailed.

Sheraton Unveils New Logo Marking Transformation Milestone

Sheraton Hotels & Resorts, Marriott International’s most global brand...

DBI Boss: Govt Should Invest in ICT Skills

Dr. Ikechukwu Adinde Administrator Digital Bridge Institute Dr. Ikechukwu Adinde, Administrator of...

Stanbic IBTC Holdings Announces 9th Annual Together4ALimb Walk

Stanbic IBTC Holdings, a member of Standard Bank Group,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img