Tag Archives: Diamond Bank

Six banks in Nigeria have been ranked among the Banker Magazine’s top 25 banks in Africa in its 2017 1, 000 global banks’ ranking. The banks are Zenith Bank, First Bank Nigeria Limited, Guaranty Trust Bank, Access Bank, United Bank for Africa and Diamond Bank. According to the ranking, Zenith Bank was placed first in Nigeria, 10th in Africa and …

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Diamond Bank Plc has reported a profit after tax of N3.498 billion for the year ended December 31, 2016. The lender’s financial results filed with the Nigerian Stock Exchange on Monday showed that the 2016 after-tax profit was lower than the N5.656 billion posted in 2015 by 38 percent. The bank’s state of health also showed that in the cause …

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Contrary to stakeholders and investors expectations, that Diamond Bank will be among the earliest banks to make their account books public in the year, the bank’s management has sought for an extension of time for their results to be submitted to the Nigerian Stock Exchange NSE for verification. Banks in the domestic economy has December 31st as their financial year …

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The Senate has announced the engagement of international forensic experts to probe the involvement of Minister of Trade and Investment, Okechukwu Enelamah, Diamond Bank and IBTC Bank, among others in a case of alleged repatriation of $13.9 billion by telecoms giant, MTN. Chairman of the Senate Committee on Banking, Insurance and other Financial Institutions, Sen. Rafui Ibrahim (APC, Kwara) disclosed …

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Shareholders of Diamond Bank, FCMB, others lose N8.1bn over non-remittance of funds The Foreign Exchange (FOREX) restriction order placed on Diamond Bank Plc, First City Monument Bank Plc (FCMB) and others by the Central Bank of Nigeria (CBN) reverberated Wednesday on the floor of the Nigerian Stock Exchange (NSE). Two of the Banks, Heritage and Keystone Banks are not listed …

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  Diamond Bank suffers 26% drop in PBT Friday Ekeoba   With bank’s borrowing hiting N164 billion in six months and share price felling by 4.2 per cent to N1.6, Diamond Bank Plc has announced its half year (H1 2016) performance showcasing weaker growth in key financial parameters that include profit before tax that dropped by 26 per cent. Similarly, …

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  Unknown gunmen have shot dead a Policeman in Satelite Town area of Lagos, the Lagos State Police Command has confirmed. The deceased, who was shot dead on Good Friday, until his death was attached to Mopol 23 the source said. Spokesperson for the Lagos Police Command, SP Dolapo Badmos, who confirmed the sad news to newsmen gave the deceased’s …

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