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Access Holdings Announces CBN’s Approval-in-Principle to Establish Consumer Lending Subsidiary

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Access Holdings Plc is pleased to inform that it has obtained the Central Bank of Nigeria’s approval-in-principle to establish a consumer lending subsidiary to be known as Oxygen X Finance Company Limited.

The proposed subsidiary will make a positive impact on the financial landscape by providing innovative and seamless digital lending solutions to address distinct challenges faced by individuals and businesses in our rapidly evolving world.

Read Also: Access Holdings Plc Acquires MegaTech Insurance Brokers

The proposed subsidiary will commence operation upon obtaining final operating licence from the Central Bank of Nigeria.

Access Holdings will update the market on subsequent developments regarding the licencing process in due course.

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