Diamond Bank Archives — City Business News

March 6, 2019 No Responses

Shareholders Approve Access Bank, Diamond Bank Merger

With a unanimous vote, Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday approved the merger of both financial institutions. The shareholders approval was secured during an Extraordinary General Meetings (EGMs) of both banks held in Lagos State.....

December 18, 2018 No Responses

SEC Awaits Access Bank, Diamond Bank Merger Application

The Securities and Exchange Commission (SEC) has been notified of the proposed merger between Access Bank Plc and Diamond Bank Plc. Confirming the development on Monday, SEC explained that the agency was aware of the intention of Access Bank and...

September 1, 2018 No Responses

Diamond Bank Partners Facebook, Explains Business Training For Female Entrepreneurs

Diamond Bank in partnership with Facebook has commenced the first phase of targeted training for Small and Medium-scale Enterprises (SME) owners to enhance their businesses through online marketing platforms. The training exercise, which commenced in Cala...

August 30, 2018 No Responses

Nigeria Sanctions Standard Chartered, Stanbic IBTC, Diamond Bank, Citibank, MTN

The Central Bank of Nigeria (CBN) has imposed sanctions totaling N5.87 billion on four banks under its regulatory purview and asked same to refund the sum of $8,134,312,397.63 for what it described as ‘flagrant violation of extant laws and regulations...

August 28, 2018 No Responses

Diamond Bank Unveils Scholarship Scheme For Customers

Diamond Bank Plc has announced plans to reward holders of its youth banking accounts with scholarships worth N3million. Titled, the Diamond Future and Cool-Teens Scholarship offer, the campaign is targeted at parents with children in pre-school, primary and...

August 21, 2018 No Responses

Diamond Bank Disburses N1B To SMEs

Diamond Bank Plc has announced its disbursement of over N1 billion under the cash flow-based SME lending scheme. Launched in January 2017 in partnership with the Women’s World Banking (WWB), the scheme features the Cash Flow-based MSME Lending Methodolo...

July 31, 2018 No Responses

Diamond Bank Records N2.2B Profit After Tax In Six Months

Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange (NSE), emphasising its strong focus on the Nigerian market, especially the retail busi...

July 20, 2018 No Responses

More Winners Emerge In Diamondxtra Season 10

More winners have emerged in the DiamondXtra Season 10 scheme as the Bank recently unveiled 1,016 winners in the second quarterly draw held at its Asa – Afariogun, Ajao Estate, Lagos branch. Addressing journalists after the draw, Osita Ede,...

July 4, 2018 No Responses

Diamond Bank Appoints Bickersteth Board Chairman

Diamond Bank has announced the appointment of Oluseyi Bickersteth as the new Chairman of the Board of Directors, effective June 26, 2018. Commenting on the appointment, Uzoma Dozie, GMD/CEO, Diamond Bank, said: “We are honoured to have Mr Oluseyi Bickers...

May 24, 2018 No Responses

FSD Africa Pledges More Support For Diamond Bank’s Financial Inclusion Project

The Financial Sector Development for Africa, (FSD Africa) an agency funded by the United Kingdom Government through UK Aid has reiterated its commitment to provide more support for Diamond Bank Plc on its financial inclusion drive. This was stated...

May 12, 2018 No Responses

Diamond Bank Explains N1.8B Revenue In Q1

Diamond Bank Plc has declared growth in its mobile banking revenue from N1.2 billion in Q1 2017 to N1.8 billion in Q1 2018. In its Q1 result released on the floor of Nigerian Stock Exchange (NSE), said Increases were...

May 4, 2018 No Responses

Business Woman Emerges Winner Of Diamonxtra Season 10 Regional Draw, Gets New Car

Catherine Onwusonye, a businesswoman based in Abuja, was rewarded with the DiamondXtra star prize, a Hyundai Accent car, during the Season 10 DiamondXtra Regional Prize Presentation Ceremony which held in Lagos on Wednesday. Shortly after the prize presenta...

April 26, 2018 No Responses

Diamond Bank Pulls Out Of UK

The Managing Director/ Chief Executive Officer of Diamond Bank Plc, Uzoma Dozie, has assured customers that the sale of the international subsidiaries is not expected to cause service disruptions for the bank’s customers across the world. The Bank exp...