The Nigerian Stock Exchange (NSE) has placed trading in the shares of Diamond Bank Plc on full suspension effective Monday, March 20.     But a statement yesterday from the Head, Listings Regulation Department, NSE, Lilian Dako, said the suspension is required to prevent trading in the shares of the Bank, to determine the shareholders that…

More corporate organisations are signing up to support the ninth edition of the Daniel Ogechi Akujobi Memorial (DOAM) Foundation Charity Golf Tournament, the final of which is set to hold on March 30 at the Golf Section of Ikoyi Club 1938 in Lagos.   PricewaterhouseCoopers, Zenith Bank Plc, Diamond Bank Plc, ProvidusBank, ARM Pension Managers,…

A mix of low liquidity and political concerns have continued to increase price volatility on the Nigeria Stock Exchange, as the index dropped by 1.3 per cent last week. Analysts have argued that the ongoing volatility will persist as third quarter numbers will assist investors and fund managers to rebalance their portfolios, while watching the…

Ahead of preparations to create the largest financial institution in Africa with a robust capital buffer, Access Bank Plc has finalised terms to raise $250 million Tier II capital issuance, which will be available for draw down by January 2019. This is in addition to the planned fund raising exercise of about N75 billion ($207…

A total of N59 million has been given as quarterly draw prizes to customers of Diamond Bank Plc for the year, to encourage saving culture, as part of the bank’s Corporate Social responsibility (CSR). The third phase of the quarterly draw, which took place at the bank’s Maryland branch in Lagos, presented series of grants…

Investors’ flight for safety over uncertainties shrouding next year’s general elections has continued to take its toll on the equity sector of the Nigerian Stock Exchange (NSE), as the All-Share Index (ASI) and market capitalisation dropped further by 1.2 per cent to close the week at 31,678.70 points and and N11.565 trillion.   Similarly, all other…

Diamond Bank Plc has announced the launch of its Visa Signature Debit Card designed to provide exceptional spending opportunities and exclusive privileges to customers.

Ayo Olojede, Head, Emerging Businesses, Diamond Bank Plc, spoke with select journalists on efforts to promote sustainable growth among micro, small and medium enterprises (MSMEs), and the need for fund promoters to channel more resources into the sector. Clara Nwachukwu, was there. Excerpts Why are SMEs tagged emerging businesses in Diamond Bank? SME is an emerging…

A Lagos Federal High Court, has granted an order freezing the accounts of a Lagos-based businessman, Mr. Ayeni Oluwafemi Oluwale and his company, Femglare International Limited over alleged US$158,000 alleged fraud.  This followed an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC) and argued by one of its counsel, Mr George Chia –Yakua…

Diamond Bank Plc., a leading retail bank in Nigeria with a track record of quality banking solutions for customers has been appointed a member of the Board of FMDQ OTC Plc., Nigeria’s foremost debt capital, currencies securities exchange and derivatives over-the-counter securities exchange.

Four years ago, we decided that retail is what we are going to pursue, and what that meant was that we were going to focus our resources on retail drive. The two resources that are key to retail are capital and also human capital.

Diamond Bank Plc has disclosed that it has expended N5 billion on its DiamondXtra savings account promo in the last 10 years, as part of its efforts to support financial inclusion in the country.