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Access Bank

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.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Judge’s transfer stalls commencement of Senator Saraki’s aide fraud trial

The commencement of trial of an aide to Senate President Bukola Saraki, Gbenga Makanjuola, facing charges of N3.5 billion fraud, before Justice Babs Kuewumi of a Federal High Court, Lagos, was on Thursday, stalled, following his transfer.

Access Bank’s share price drops by 32 per cent

The share price of Access Bank Plc has declined by 32.52 per cent since the bank confirmed its plans to merge with Diamond Bank Plc.
Atiku Abubakar

How Atiku Abubakar will lose February 16 election

Get this straight: Atiku Abubakar will lose the presidential election on February 16. I’m not Rev. Father Ejike Mbaka or one of the tongue-in-cheek seers whose predictions you’ll be struggling to figure out after dropping your offering in the bag at midnight of December 31.
Nigerian Stock Exchange NSE

NSE loses N134 billion on first trading day of 2019

The Nigerian Stock Exchange (NSE) started the year 2019 on the red side, as the market shed N134 billion wednesday.
Diamond Bank

Diamond Bank appoints Dele Babade acting chairman

Diamond Bank has announced the appointment of Mr. Dele Babade as its acting chairman.
Nigerian Stock Exchange NSE

Nigerian Stock Exchange indices down by 0.86 per cent after Christmas break

Activities on the Nigerian Stock Exchange (NSE) resumed on Thursday on a downward trend after a two-day holiday to observe Christmas and Boxing Day celebrations.

Access Bank shareholders to discuss acquisition of Diamond Bank

The management of Access Bank has announced that an Extraordinary General Meeting of the bank will hold in Lagos on February 1, 2019.

Moody’s: Access, Diamond deal, positive for Nigerian banking system

One of the leading global rating agencies, Moody’s Investors Service, has stated that the recent business combination agreement between Access Bank Plc and Diamond Bank will be “credit positive” for the overall Nigerian banking system.

Experts task youths on sustainable entrepreneurship

Experts have suggested business reinvention as the key to sustainable entrepreneurship in the country following economic crisis bedeviling the world.

Heritage Bank partners AFRICANMED to stem medical tourism

Heritage Bank Plc has announced a partnership with AFRICANMED and the Chinese community in Nigeria to develop the country’s health sector and reduce the rate of medical tourism by Nigerians.
Nigeria Stock Exchange

Nigerian Stock Exchange moves 545.99 million shares worth N4.08 billion

The volume of shares traded on the Nigerian Stock Exchange on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
Nigerian Stock Exchange NSE

Nigerian Stock Exchange moves 545.99 million shares worth N4.08 billion

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
Dr Herbert Wigwe, Managing Director of Access Bank Plc

Access Bank set to raise $250 million Tier 11 capital in 2019

Determined to create the largest bank in Africa, Access Bank Plc on Wednesday said it had finalised plans to issue 250 million dollars Tier 11 capital in January 2019.

CBN approves Diamond Bank merger with Access Bank

The Central Bank of Nigeria (CBN) has approved the proposed merger between Access Bank and Diamond Bank.
Nigerian Stock Exchange NSE

All-Share Index sheds 0.21% as market opens on bearish note

Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.
Uzoma Dozie

Diamond Bank confirms merger with Access Bank

The bank’s Chief Executive Officer, Mr. Uzoma Dozie, said in Lagos that the Board had selected Access Bank as the preferred bidder with respect to a potential merger of both banks.
Diamond Bank

Diamond Bank announces merger with Access Bank

“The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger,” the disclosure, sent to the Nigeria Stock Exchange, said.

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