Access Bank closes in on Zambian bank months after acquiring Kenyan bank
Cruising to becoming leading lender across Africa, Nigeria’s top tier-1 financial giant, Access Bank Plc has commenced an exclusive discussion towards full acquisition of Cavmont Bank Limited, a Zambia-based financial institution. Access Bank is seeking to consummate the acquisition through…
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 outsmarts collapse as it downgrades self to national bank
Embattled Diamond Bank Plc, has relied on the recent sale of its London international branch to seek delisting by the Central Bank of Nigeria (CBN), from an international bank to a national bank with immediate effect. The apex bank had…
Moody’s report sees Diamond Bank’s solvency crisis deepening
Though the Diamond Bank Plc management had denied any form of talks bordering on either buy over or mega loan discussions with any other bank in Nigeria over revelation of its solvency status, the baseline credit assessment (BCA) and adjusted…
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…
Technology-powered retail strategy remains Diamond Bank’s backbone—Dozie
The Chief Executive Officer of Diamond Bank Plc, Mr. Uzoma Dozie, has opened up on why the recently released third quarter results of the bank were looking up and prosperous, saying the bank’s retail and digital strategies have surged the…
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 may exceed 40% lead in USSD transactions volume soon
Whereas the management of leading financial institution, Diamond Bank Plc has said it now controls 40 percent of the volume of Unstructured Supplementary Service Data (USSD) transactions in the banking sector, industry pundits are of the opinion that the bank…
Nigerians cry to Diamond Bank to protect customers, Nigerians from scammers
For some time now, cyber criminals and internet fraudsters’ have been advancing in strategies and tactics feeding financial institutions that failed to beef up their servers’ and digital transactions securities. However, since recently, a bank in Nigeria seems to be…
