diamond bank plc

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    A sound and competent banking sector is essential for a stable macroeconomic environment, therefore, the importance of commercial banks in a country cannot be overemphasized. This is because they occupy key positions in a country’s financial system and are essential agents that would lead to...
  2. Nigeria Business News

    Business Diamond Bank customers can now use AccessAfrica – Nairametrics

    Diamond Bank’s impending merger with Access Bank means the bank’s customers in addition to retaining their use of Diamond Bank’s products such as Diamond Xtra, and Diamond Yello Account can now use AccessAfrica services. The banks had recently commenced cross usage on their ATMs without...
  3. Nigeria Business News

    Business Diamond Bank’s Shares Gain 56.92% – Leadership Newspaper

    Diamond Bank Plc shares topped the gainers table on the Nigerian Stock Exchange (NSE) by 56.92 per cent, last week. The bank which opened trading at the beginning of the week at 65 kobo, rose by 56.92 per cent to close trading on Friday, December 7, 2018 at … Read more via Leadership...
  4. Nigeria Business News

    Business Diamond Bank Denies Acquisition Talks With Access Bank – Leadership Newspaper

    Diamond Bank Plc yesterday denied reports that the bank was in discussions with Access Bank Plc over a possible acquisition. The bank in a release to the investing public on the Nigerian Stock Exchange (NSE) signed by the bank’s company secretary/legal adviser, Uzoma Uja described as rumour...
  5. Nigeria Business News

    Business Diamond bank gets cash injection offer to boost capital ratio – BusinessDay

    Diamond Bank Plc, has gotten an offer from a major investor who is willing to inject cash by increasing its stake that would enable the tier two lender boost its capital adequacy ratio above the Central bank threshold of 15 percent maximum, Seyi Bickersteth … Read more via BusinessDay : News...
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    Business Diamond Bank’s ADA goes into stock trading – Nairametrics

    ADA, the chatbot introduced by Diamond Bank may start trading stocks soon. Titi Odunfa Managing Director Sankore Investments (which designed the bot) disclosed this during the NSE Bloomberg roundtable held yesterday..... Read more via Nairametrics – https://ift.tt/2RHoM7Y Get more: Nigeria...
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    Business Diamond Bank confirms it controls 40% of USSD transaction volume – Nairametrics

    Diamond Bank Plc has revealed that it currently controls 40 percent of the volume of Unstructured Supplementary Service Data (USSD) transaction in the banking sector..... Read more via Nairametrics – https://ift.tt/2NQ4CdM Get more: Nigeria Business News
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    Business How MTN, four banks perpetrated $8.13 illegal deal, by CBN – The Guardian Nigeria Newspaper

    The Central Bank of Nigeria (CBN), yesterday, gave details of how MTN Nigeria Limited and four banks perpetrated the $8.13 billion illegal transactions, using false information and deliberate disregard for the rules.... Read more via The Guardian Nigeria Newspaper – https://ift.tt/2CeoCBB...
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    Business These were the best performing stocks this week – Nairametrics

    The Nigerian Stock Exchange (NSE) ended the last trading week, and indeed the month of August, on a negative note. The All Share index fell by 1.63% during the week to close at 34,848.45 basis points. The index depreciated by 5.86% in August, and is down 8.88%, year to date..... Read more via...
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    Business MTN shares plunge to nine-year low after CBN sanction – TheCable

    Shares belonging to MTN have taken a big knock after sanctions by the Central Bank of Nigeria on allegations that the company illegally repatriated $8.1 billion. Early trading on the Johannesburg Stock Exchange... Read more via TheCable – https://ift.tt/2N3lPiD Get more: Nigeria Business News
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    Business CBN imposes N5.87 billion fine on Stambic IBTC, Diamond bank, two others – Daily Post Nigeria

    The Central Bank of Nigeria, CBN, has imposed a total fine of 5.87billion on four banks in the country. They were accused of flagrant violation... Read more via Daily Post Nigeria – https://ift.tt/2wmsPhd Get more: Nigeria Business News
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    Business CBN Fines Four Banks N5.87bn, Asks MTN To Return $8.1bn – Channels Television

    The Central Bank of Nigeria has slammed fines totalling over N5 billion on four banks “for breaching Nigeria’s forex regulations” and asked MTN Nigeria Communications Limited to refund $8.134 billion. All four banks – Standard Chartered, Stanbic IBTC, Citibank... Read more via Channels...
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    Diamond Bank shifts release of financial results again – Nairametrics

    Diamond Bank Plc has again announced the postponement of its 2017 financial statements and Q1 2018 financial results. In a request letter sent to the Nigerian Stock Exchange and signed by the bank’s secretary and legal adviser, Uzoma Uja, noted that its 2017 Audited Financial Statements [AFS]...
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    Uzoma Dozie receives Business Day Top 25 CEO Award – Vanguard Newspaper

    Diamond Bank CEO, Uzoma Dozie, has been recognised as one of the top 25 CEOs in Nigeria at Business Day CEO’s Award. Dozie got the recognition for his significant contribution to the capital market and the economy. … Read more via Vanguard Newspaper – https://ift.tt/2jnOnmy Get more...
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    Metro Ex-Militants Issue Diamond Bank 15-Day Ultimatum To Unfreeze Their Money

    Ex-militants on Monday issued a 15-day ultimatum over their N12 billion allegedly hooked in Diamond Bank, warning the financial institution to unfreeze monies belonging to them and other Nigerians. National Secretary, Third Phase Amnesty, Tam Odogwu, in a statement said over 1,000 members had...
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    Business 7 Nigerian Banks Undercapitalized - Report

    Seven Nigerian banks are undercapitalized to the tune of N1tn ($3.2bn) according to a report from Arqaam Capital, a Dubai-based international investment bank. The report lists the undercapitalised banks as First Bank of Nigeria, Unity Bank Plc, Diamond Bank Plc, Skye Bank Plc, FCMB Group...
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    Business Diamond Bank Posts 25.51% Drop In 2016 Half-Year Profit

    Diamond Bank Plc has reported 25.51 per cent drop in profit after tax for the half year ended June 2016. The financial statement released to the Nigerian Stock Exchange (NSE) showed that the group recorded a profit after tax of N9.053 billion during the half year as against N12. 154 billion...