Uzoma Dozie destroyed Diamond Bank because he did not follow the giant strides of his predecessor, Donald Ezenwa wrote, comparing the tenure of Dr Alex Otti to that of Dozie. I was a staff of Diamond Bank until recently, having joined in 2003. Let me place it on record that I am not particularly […]
Diamond Bank Plc has continued to deliver on its promise of going beyond banking by organizing an entrepreneurial training program targeted at young creatives in partnership with Facebook and Afrinolly Creative Hub tagged: ‘Facebook for Creators’. The Area Manager, Diamond Bank Plc, Chigozie Onyecha, said that the bank believed in small and medium scale enterprises […]
By Niyi Tabiti: The Access Bank, Diamond Bank merger has been on for sometime. At a point both financial institutions denied it.Media is used to such ruse denial. Diamond bank was falling apart and everything needed to be done to save it from final collapse. The bank will cease to exist soon, the management led […]
The financial problems in Diamond Bank has become so much that Access Bank is set to acquire it in the first quarter of next year.It was gathered that both financial institutions have reached an agreement in broad terms on the acquisition. What is left is the valuation of assets, with a view to determining […]
By Gistmaster-There are speculations that a boardroom crises may have hit Diamond Bank following the resignations of four directors from it board. The four directors,which includes the chairman, Mr. Seyi Bickersteth allegedly resigned for varied personal reasons. Others are Mrs. Aisha Oyebode, Mr. Rotimi Oyekanmi and Ms. Juliet Anammah. The bank confirms the mass resignation from […]
The Central Bank of Nigeria on Wednesday said it had imposed a total fine of N5.87bn on four banks for flagrant violation of extant laws and regulation. The apex bank announced the sanction in a statement issued in Abuja. The banks that were sanctioned are Standard Chartered – N2.4 bn, Stanbic IBTC – N1.8 bn, […]
One of the nation’s leading financial institutions Diamond Bank Plc may have to shell out the princely sum of N2.6 billion if it loses the suit brought against it by a limited liability company Gitto Costruzioni Generali Nigeria Limited. The company which specializes in construction is suing the bank for allegedly mismanaging its accounts domiciled […]
By Niyi Tabiti: Paylater loan transactions have surpassed that of last year, with loan transaction flying at the speed of Russian jets. The co-founders of the Fintech company, Chijioke and Ngozi Dozie, disclosed this information on twitter. The company provide loans for individuals through a mobile app that is only accessible for now on android […]
Managing Director of NNPC, Maikanti Baru in facing another allegation of hiding $629 million (about N226 billion) in various banks without remitting the sum to the Treasury Single Account (TSA). A petition accusing the Nigeria Petroleum corporation boss of insubordination and corruption by Dr. Emmanuel Ibe Kachikwu is already a subject of global interest. According […]
Solitude, winner of the just concluded Diamond Bank #youneedanewbank theme song remix competition has signed a record deal with Major Bangz, producer of the hit tracks “Alobam” and “Shoki,” as part of his reward for winning the competition. #youneedanewbank is a brand campaign by leading retail bank, Diamond Bank PLC, aimed at promoting the bank […]