30 results
- 6 Feb 2019
Access, Diamond Banks ‘Merger t0 Revolutionize Sector
The recent merger of Access Bank Plc and Diamond Bank Plc is a development that has attracted critical reviews, mixed expectations and fears by industry experts and stakeholders alike. At the…
- 12 Nov 2018
Diamond Bank, Access Bank Deny Merger Rumour
Diamond Bank Plc and Access Bank Plc have notified the Nigerian Stock Exchange (NSE) and the general public that both banks are not in any merger or acquisition talks as being circulated in some…
- 17 Dec 2018
Access Bank Dangles Juicy Offers on Diamond Bank Shareholders
The board of Diamond Bank Plc has confirmed reports in the media relating to the acquisition of the company by another financial institution, Access Bank Plc. In a statement issued on Monday…
- 18 Dec 2018
Diamond Bank’s Managers to Lose Jobs over Access Bank Acquisition
Diamond Bank Plc’s acquisition by Access Bank will come at a heavy cost to the Diamond Bank management team, especially on job security. The management team is likely to be disbanded. …
- 5 Mar 2019
Access Bank, Diamond Bank Shareholders Approve Merger
Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force. The shareholders gave the approval…
- 1 Jan 2019
Access Bank, Diamond Bank Customers to Use 3100 ATMs without N65 Charges
Customers of Access Bank Plc and Diamond Bank Plc from Tuesday will have access to 3,100 Access Bank and Diamond Bank Automated Teller Machines (ATMs), without paying the customary N65 per…
- 17 Apr 2013
Diamond Bank Dangles China Trips on Customers
Diamond Bank Plc, Nigeria’s leading commercial bank, is sponsoring five customers to the China Canton Fair to further boost their international business exposure. The China Canton Fair is a bi-annual…
- 20 Mar 2019
NSE Suspends Trading in Shares of Diamond Bank
Nigerian Stock Exchange (NSE) yesterday suspended trading on the shares of Diamond Bank Plc following the court sanction of the scheme of merger between Access Bank Plc and Diamond Bank Plc. …
- 3 May 2017
CBN Expels 16 Banks from Forex Market
Central Bank of Nigeria (CBN) on Tuesday stopped 16 Deposit Money Banks from participating in the Small and Medium-scale Enterprises (SMEs)window of the foreign exchange market. Isaac Okorafor,…
- 16 Dec 2018
Access Bank Acquires Diamond Bank
Access Bank has finally acquired Diamond Bank, and the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN), according to TheCable.…
- 25 Feb 2020
Banks to Stop Honouring Diamond Bank Cheque from March 1
Diamond Bank cheques will no longer be valid for banking transaction at the end of this month. Consequently, bank across the country have given notice to customers that as from 27th of Febuary,…
- 13 Jan 2019
Access Bank Mulls New Identity after Merger with Diamond Bank
The corporate identity of Access Bank Plc may have to change after the conclusion of its merger with Diamond Bank Plc in June 2019, Mr Herbert Wigwe and Mr Uzoma Dozie, CEOs of Access Bank and…
- 30 Dec 2018
Fitch Places Diamond Bank, Access Bank on Rating Watch over Proposed Merger
Fitch Ratings, renowned rating agency, has placed Diamond Bank and Access Bank, on its rating watch, following the announcement of a proposed merger between the Nigerian lenders. In a…
- 4 Dec 2015
Diamond Bank is Healthy, Solid
Diamond Bank Plc, one of Nigeria’s leading banks providing financial services across the shores of the country has dismissed a media report by Sahara Reporters suggesting that the bank is distressed.…
- 19 Nov 2013
Worries over Arrests of Top Bankers for Alleged Terrorist Financing
The banking industry and State Security Service (SSS) are embroiled in claims and denials over the continued detention of senior personnel of 13 Nigerian banks for alleged terrorist financing and…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 21 Aug 2014
Kunoch Holdings Buys Diamond Bank Stake from Actis, CDC Group
Actis, and CDC Group, two major private equity firms have sold their 14.79% stake in Diamond Bank Plc to Kunoch Holdings, according to a statement on the bank’s website. The statement read: “Diamond…
- 19 Nov 2014
Diamond Bank Denies Converting Bank Branch to Otti’s Campaign Office
Diamond Bank Plc has denied recent media report that Dr. Alex Otti, its former group managing director/CEO had converted one of the Bank’s properties located at Library Road, Umuahia, Abia State to…
- 2 Sept 2014
Diamond Bank, DHL to Create Logistics Solutions for Businesses
Diamond Bank Plc, Nigeria’s leading retail Bank, has entered into partnership with DHL Global Forwarding to ease financial and logistics burden faced by manufacturers and businesses during…
- 15 Jan 2019
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. Mr. Victor Etuokwu,…
- 1 Jan 2019
NSE Expels Diamond Bank, Others from Corporate Governance Index
Nigerian Stock Exchange (NSE) has removed Diamond Bank Plc, Continental Reinsurance Plc and NEM Insurance Plc from its Corporate Governance Index. The NSE, in a statement on Monday, said the…
- 31 Mar 2019
Access Bank Unwraps New Logo after Diamond Bank Merger
Access Bank Plc has unveiled its new logo; post-merger with Diamond Bank, signalling the commencement of a new enlarged banking entity. At a ceremony at the Eko Hotel and Suites, Lagos,…
- 26 Nov 2014
Diamond Bank Throws Weight Behind NMVA
Diamond Bank Plc, a leading retail bank in Nigeria, has thrown his weight beyond the Nigerian Music Video Awards (NMVA) which is coming up this week. This was revealed by Ayona Trimnell, head,…
- 21 Nov 2013
Terrorist Financing: Banks Meet over Plan for Nationwide Shutdown
National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest over the continued…
- 19 Nov 2019
Bank Manager, Account Officer Jailed for Stealing Diamond Bank’s N25m
A Rivers State High Court sitting in Port Harcourt has convicted and sentenced Chinyere Oti, a former Manager of Diamond Bank Plc, and Odigboh Okechukwu,a former Account Officer of the same bank, to…
- 13 Sept 2014
Diamond Bank Flagship Branch Debuts
Diamond Bank Plc has, again, raised the bar in customer service delivery in the financial services sub-sector, with the opening to customers of its multi-purpose banking center at Ajose Adeogun…
- 1 Apr 2019
NSE Delists Entire 23.2Bn Diamond Bank Shares
The entire 23.160 billion ordinary shares of 50 kobo each of Diamond Bank have been delisted from the trading platform of the Nigerian Stock Exchange (NSE). The shares, which were before now…
- 4 Feb 2017
Diamond Bank Mobile App Records 2m Subscribers
Diamond Bank has recorded two significant milestones in its digital banking drive with the signing up of a record two million subscribers each on its flagship mobile banking app –Diamond Mobile app,…
- 22 Jun 2009
Diamond Bank Makes Case for Mobile, Internet Banking
Emeka Onwuka, GMD/CEO, Diamond Bank Plc, has made a strong case for mobile and internet banking, which he identifies as the next logical step in e-banking beyond card issuance and PoS devices. At…
- 1 Jun 2016
Diamond Bank Sacks 200 Staff
Diamond Bank Plc has sacked 200 members of its workforce as the economic challenges affecting the country continue to batter the financial services industry. The bank in a statement said that…