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Diamond Bank appoints Babade acting chairman

Diamond Bank appoints Babade acting chairman

Diamond Bank has announced the appointment of Mr. Dele Babade as its acting chairman. In a notice sent to the Nigerian Stock Exchange (NSE), the bank said Babade would replace Oluseyi Bickersteth, its erstwhile chairman who resigned in October. “We write to formally notify the Exchange that following the resignation of Oluseyi Bickersteth as Director/ […]
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Diamond Bank’s merger: Access Bank increases capital raising to $457m

Diamond Bank’s merger: Access Bank increases capital raising to $457m

Access Bank Plc could raise up to $457 million or about N165.6 billion in new debt and equities capital to support ongoing business combination with Diamond Bank Plc. Access Bank will be the post-merger entity and its Group Managing Director, Mr Herbet Wigwe, will remain the chief executive of the enlarged bank. At a jointRead More …

Access Bank to become Africa’s largest retail bank with Diamond Bank merger – Wigwe

Lagos Assembly To Pass Bill That Will Force Churches, Mosques To Pay Tax

WITH the merger between Access Bank and Diamond bank, the bank is set to be the largest retail bank in Nigeria and in Africa as its customer base would span three continents, 12 countries and 29 million clients. Access Bank Chief Executive Officer, Access Bank, Herbert Wigwe, at a joint press conference on Wednesday, explained […]
The post Access Bank to become Africa’s largest retail bank with Diamond Bank merger – Wigwe appeared first on Tribune Online. …

Finally, Access, Diamond banks secure CBN nod to merger

Finally, Access, Diamond banks secure CBN nod to merger

Commenting on the proposed merger, Herbert Wigwe, CEO of Access Bank, said: “I am delighted to announce that we have received the necessary regulatory approvals Uche Usim, Abuja As merger plans between Access and Diamond banks get fine-tuned, the boards of the two financial institutions on Wednesday disclosed that they have received a “No Objection” […]
The post Finally, Access, Diamond banks secure CBN nod to merger appeared first on The Sun Nigeria. …

Stock exchange index rebounds by 0.67%

Stock exchange index rebounds by 0.67%

Following investors’ interest in the shares of Dangote Cement, GT Bank and Diamond Bank, the bearish sentiment which was witnessed on Monday at the Nigerian Stock Exchange (NSE), reversed in yesterday’s trading as the All Share Index (ASI) gained 0.67 per cent to settle at 30,822.33 points. Similarly, market capitalization advanced by N74.9 billion to […]
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Diamond Bank And Access Bank Merger – 5 Things You Need To Know

Govt creating better environment to attract investments – Udoma

Some few days ago, news went viral that Diamond Bank and Access Bank have merged together. Before you panic, these are five facts you need to know about the merger. -The merger will potentially create Nigeria and Africa’s largest retail bank by customers. – The proposed merger would involve Access Bank acquiring the entire issued share […]
The post Diamond Bank And Access Bank Merger – 5 Things You Need To Know appeared first on LATEST NIGERIAN NEWS BREAKING HEADLINES NEWSPAPERS. …

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