Business Hilights

Tracking Nigeria's Headline Business News Online

Uzoma Dozie

Access, Africa’s new largest bank opens business today with N6.1tn asset base

…As Diamond fails to last forever in Nigeria It started with speculations and later went ahead to mature. However, after months of build up ranging from expression of merger interests between Access and Diamond banks, sealing of understanding to merge,…

Access Bank to become Africa’s largest, most digital bank on merger—Wigwe

Contrary to trending speculations before now, the Group Managing Director of Access Bank Plc., Mr. Herbert Wigwe has cleared the air, saying both his bank on Monday sealed a Memorandum of Agreement (MoA) with Diamond Bank Plc regarding a potential…

Diamond Bank’s shareholders unveil secret plot for Access to acquire bank

The Association of Concerned Shareholders of Diamond Bank (ACSDB), has opened up on what it saw as a surreptitious plot by the duo of the Managing Director of the Bank, Mr. Dozie Uzoma and father, Pascal Dozie, with the Management…

Time up for Dozie’s dynasty at Diamond Bank or?

Whenever a financial institution is under serious threat of capital base, the seat of the managing director remains uncertain. This may best define the scenario at Diamond Bank Plc even though it announced weekend that it had yet to receive…

Diamond YAccount
ICT

CBN’s fine didn’t affect our Diamond Yellow account platform with MTN—Dozie

Contrary to speculations that the recent sanctions meted to MTN Nigeria and four banks including Diamond Bank Plc on issues bordering on Certificate of Capital Importation (CCI), will strain the smooth operations of Diamond Yellow Account, the Managing Director of…

Diamond Bank boss, Dozie says identity inclusion first before financial inclusion

The Managing Director of Diamond Bank Plc, Uzoma Dozie, has raised fresh policy direction to the nation’s drive to financial inclusion, saying “It is not about financial inclusion but identity inclusion”. In an interview, Dozie averred that “Identity inclusion is…

Diamond Bank releases result, posts N203.3bn gross earnings in full year

After what industry followers see as a technical delay in releasing its results at the Exchange, newly published has indicated that Diamond Bank Plc achieved nine per cent increase in gross earnings from N187.3billion in 2016 to N203.3billion in 2017….

Diamond Bank gives same reason in shutting W’Africa operations for leaving UK

Nigeria’s retail banking giant, Diamond Bank Plc has given exactly the same reason it presented for closing its West African operations for divesting its 100 per cent holdings in Diamond Bank UK. According to the Managing Director/ Chief Executive Officer…