Tag: Diamond Bank
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BREAKING: Diamond Bank founder, Pascal Dozie is dead
Renowned Nigerian entrepreneur and businessman, Pascal Dozie has passed away on Tuesday at the age of 85. Dozie, was a man of many parts, best known for founding Diamond Bank and serving as chairman of Pan-
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Ex-Chairman of defunct Diamond Bank, Seyi Bickersteth is dead
The former chairman of the defunct Diamond Bank Plc, Mr Oluseyi Bickersteth is dead. According to reports, Bickersteth was one of those who opposed the merger between the then Diamond Bank and Access Bank Plc. The transaction later metamorphosed into today’s Access Bank in March 2019. In 2018, the defunct Diamond Bank announced him as…
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Access Bank discontinues old Diamond Bank cheques
The management of Access Bank Plc has sent a notice to all customers of the defunct Diamond Bank Plc that it has discontinued cheques of the old financial institution from Sunday, March 1, 2020. Recall that in March 2019, Access Bank and Diamond Bank completed their merger, which commenced in late 2018. The marriage was…
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Buhari congratulates Diamond Bank founder, Pascal Dozie at 80
President Muhammadu Buhari has congratulated Mr Pascal Gabriel Dozie, Founder of Diamond Bank PLC and former Chief Executive Officer, on his 80th birthday. In a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja on Thursday, President Buhari said he joined Dozie’s friends, family and business associates to celebrate his…
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Court seals Access, Diamond Banks merger
The Federal High Court (FHC) has sanctioned the approved scheme of merger between Access Bank Plc and Diamond Bank Plc, the final seal that effectively brings the merger of the two commercial banks into effect. Consequently, the Nigerian Stock Exchange (NSE) yesterday suspended trading on the shares of Diamond Bank Plc, which will be dissolved…
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CBN, SEC formally approve Access, Diamond merger
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have approved the merger of Access Bank Plc and Diamond Bank Plc, the last major regulatory hurdle for the consummation of the business combination. Both banks at the weekend confirmed receipt of the final approval from the financial services authorities. The final…
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Union threatens to picket First Bank, Diamond Bank, six others
Eight banks operating in Nigeria have been accused of being unprofessional for refusing to return money mistakenly paid into accounts of former workers of the defunct Nigeria Airways Limited (NAL) domiciled with the affected financial institutions by federal government last year. As a result of this, the union representatives of the former airline workers have…
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CBN, SEC grant approval in principle to Access, Diamond banks’ merger
Access Bank and Diamond Bank Plc have obtained approval in principle from the Central Bank of Nigeria and the Securities and Exchange Commission on their proposed merger plans. Access Bank Executive Director, Personal Banking, Mr. Victor Etuokwu, said in Lagos that CBN and SEC had granted both banks approval in principle for the merger process.…
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Diamond Bank, two others lose NSE CG Index status
The Index Governance Committee of the Nigerian Stock Exchange (NSE) has removed three companies trading their shares on the exchange from the NSE Corporate Governance Index. The three affected companies are Diamond Bank, NEM Insurance and Continental Reinsurance and from Tuesday, January 1, 2019, they cease to be on the NSE CG Index. A statement…
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Merger: Access, Diamond Banks offer free ATM services to customers
Access Bank Plc and Diamond Bank Plc customers will from today have access to 3,100 Automated Teller Machines (ATMs) that will provide free and seamless banking services to them. This follows the planned merger of the two Systematically Important Banks (SIBs) which is expected to be concluded in the first half of this year. The…