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Showing posts from November, 2022

f Nigeria (CBN) has finally given a nod to the

  The Central Bank o f Nigeria (CBN) has finally given a find nod to the  acquisition of Diamond Bank by Access Bank. According to a source who confirmed the deal, said it has been sealed and awaiting final ratification from the regulatory body, aftet which the CBN would make an official announcement to this effect within the week. The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry, sources in house formed. It would be recalled that Diamond Bank made thr announcement last week, that it is dropping its international operating licence to focus on national operations following capitalisation issues. This was made known Diamond Bank’s chief executive officer, Mr. Uzoma Dozie, who confirmed the development business in a statement released on Friday. “With this approval, the bank will cease to operate as an international bank,” Dozie had said. “The re-licensing as a national bank supports Diamond Bank’s objective of streamli

f Nigeria (CBN) has finally given a nod to the

  The Central Bank of Nigeria (CBN) has finally given a nod to the acquisition of Diamond Bank by Access B webapex.net ank. According to a source who confirmed the deal, said it has been sealed and awaiting final ratification from the regulatory body, aftet which the CBN would make an official announcement to this effect within the week. The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry, sources i ysin.org nformed. It would be recalled that Diamond Bank made thr announcement last week, that it is dropping its international operating licence to focus on national operations following capitalisation issues. This was made known Diamond Bank’s chief executive officer, Mr. Uzoma Dozie, who confirmed the development in a statement released on Friday. “With this approval, the bank will cease to operate as an international bank,” Dozie had said. “The re-licensing as a national westernmagazine.org bank supports Diamond Bank’s obje

Diamond Bank’s chief executive officer, Mr. Uzoma

  T usatimes.cc he Central Bank of Nigeria (CBN) has finally given a nod to the acquisition of Diamond Bank by Access Bank. According to a source who confirmed the deal, said it has been sealed and awaiting final ratification from the regulatory body, usanews.cc aftet which the CBN would make an official announcement to this effect within the week. The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry, sources informed. It would be recalled that Diamond Bank made thr announcement last week, that it is dropping its international operating licence to focus on national operations following capitalisation issues. This was made known Diamond Bank’s chief executive officer, Mr. Uzoma Dozie, who confirmed the developmen news t in a statement released on Friday. “With this approval, the bank will cease to operate as an international bank,” Dozie had said. “The re-licensing as a national bank supports Diamond Bank’s objective of stre