TAG: DIAMOND BANK

ALERT: Diamond Bank reports N9 billion profit (2017 HY)

ALERT: Diamond Bank reports N9 billion profit (2017 HY)

Diamond Bank released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Interest and similar income N’m...


All the major economic news from Nigeria in 5 minutes – 24/7/2017

All the major economic news from Nigeria in 5 minutes – 24/7/2017

Summary of the top business, economic and political news in Nigeria today.   The International Monetary Fund (IMF) projects that Nigeria’s economy will grow...


NNPC breaks silence on unremitted TSA funds held in 3 banks

NNPC breaks silence on unremitted TSA funds held in 3 banks

The Nigerian National Petroleum Corporation (NNPC) has issued a statement clarifying  its own share of the $793 million Treasury Single Account (TSA) funds that...



7 banks are in trouble over unremitted $793 million TSA funds

7 banks are in trouble over unremitted $793 million TSA funds

Seven commercial banks in the country are currently in trouble over Treasury Single Account (TSA) that were allegedly kept aside. A Federal High Court...


These 8 female bank directors are leading the way in boards full of men

These 8 female bank directors are leading the way in boards full of men

The great...


Why Diamond Bank is not issuing bonds

Why Diamond Bank is not issuing bonds

MD/CEO of Diamond bank, Uzoma Dozie says the bank will sell off assets that are of no benefit to its retail strategy. He made...


All the major economic news from Nigeria in 5 minutes – 12/7/2017

All the major economic news from Nigeria in 5 minutes – 12/7/2017

Summary of the top business, economic and political news in Nigeria today.   The Federal Government on Tuesday, disclosed that the current  economic recession  will end in...


All the major economic news from Nigeria in 5 minutes – 6/7/2017

All the major economic news from Nigeria in 5 minutes – 6/7/2017

Summary of the top business, economic and political news in Nigeria today.   Electricity supply, yesterday, dropped to 3,628 megawatts, mw from 3,808mw on...


All the major economic news from Nigeria in 5 minutes – 4/7/2017

All the major economic news from Nigeria in 5 minutes – 4/7/2017

Summary of the top business, economic and political news in Nigeria today.   Oil companies seeking to renew their oil licenses or leases would...


5 Nigerian Banking mobile apps you need to own

5 Nigerian Banking mobile apps you need to own

Very high quality banking...


[The Nigerian Economy Today 31/5/2017] – FG partners May & Baker Plc to produce vaccines locally with 49 percent equity

[The Nigerian Economy Today 31/5/2017] – FG partners May & Baker Plc to produce vaccines locally with 49 percent equity

Summary of the top business, economic & political news in Nigeria today.   The 10 oil producing states in the country received N22.64 billion...


Diamond Bank announce resignation and retirement of Non-Executive Directors

Diamond Bank announce resignation and retirement of Non-Executive Directors

The Board of Diamond Bank has announced the resignation of Ms Genevieve Sangudi as a Non-Executive Director of the Bank effective March 24, 2017,...


Amazing video of Diamond Bank staff celebrating children’s day

Amazing video of Diamond Bank staff celebrating children’s day

Here is an incredible video of Diamond Bank staff Mbaise branch celebrating Children’s day. We sure love this at Nairametrics. Happy Children’s day...


Reps have waded into N12 billion cryptocurrency mess

Reps have waded into N12 billion cryptocurrency mess

What cryptocurrency can lead...


ALERT: Diamond Bank Reports 38% Drop In Profit (2016 FY)

ALERT: Diamond Bank Reports 38% Drop In Profit (2016 FY)

Diamond Bank today released audited results for the financial year ended 31 December 2016.   Gross Earnings N’million FY 2016| N212,412 FY 2015| N217,092...


CBN: Three Banks Failed Capital Adequacy Test

CBN: Three Banks Failed Capital Adequacy Test

Nairametrics| The Financial Stability Report released by the Central Bank of Nigeria for December 2016 revealed that three banks in the country failed a...


Why I’m Excited About Diamond Bank’s Mobile App Strategy 

Looks like the mobile strategy is...


Diamond Bank & Jumia Foods Partner On Food Delivery 

Diamond Bank Plc has announced a partnership with Nigeria’s food delivery platform, Jumia foods for a loyalty campaign promoted by the former. The campaign...


Diamond Bank Loans To The Oil Sector Is Weighing Down On Earnings

Diamond Bank Loans To The Oil Sector Is Weighing Down On Earnings

  Diamond Bank Plc. (Diamond) released unaudited 9M 2016 results wherein PBT and PAT plunged 79% and 78% YoY to N3.9 billion and N3.5...


Diamond Bank Pre-Tax Drops by 79%

Diamond Bank Pre-Tax Drops by 79%

Diamond Bank Plc released its 2016 result for the nine months ended 30 September 2016 ; See below     Net interest income after impairment...


Nigeria’s Top 10 Banks According to Deposit Base

Nigeria’s Top 10 Banks According to Deposit Base

Nigeria's top 10 banks according to deposit base as at 2015 end are...


Alert: Diamond Bank Plc Release 2016 Half Year Earnings

 Diamond Bank Plc released its 2016 H1 results for the period ended June 30 2016 ; See below   Diamond Plc H1 2016 Results...


This Should Give You Sleepless Nights If You Have Anything To Do With Diamond Bank

This Should Give You Sleepless Nights If You Have Anything To Do With Diamond Bank

Ratings Agency S&P Global has issued its latest opinion on the financial health of Nigeria’s Diamond Bank Plc. The bank was basically downgraded to...


Diamond Bank Lays-Off 200 Workers

Diamond Bank Lays-Off 200 Workers

Diamond Bank last weekend sacked 200 members of its workforce thereby adding them into the unemployment market. The bank says it is currently rightsizing...


Diamond Bank Records 78% Drop In Profits

Diamond Bank Records 78% Drop In Profits

Diamond Bank, a Nigeria lender said its profits slumped 78 percent in 2015 as the plunge in oil prices weighed on Africa’s biggest producer....


FBN, Skye & Diamond Bank : How Low Can They Go?

FBN, Skye & Diamond Bank : How Low Can They Go?

Four months into the New Year, 3 of the 5 Nigerian Banks that issued profit warnings for Full Year 2015 have yet to report...


[BOOM] Diamond Bank Tops In Central Bank’s Monthly Allocation For March

[BOOM] Diamond Bank Tops In Central Bank’s Monthly Allocation For March

The Central Bank of Nigeria (CBN) has released allocation for the month of March, with all the banks receiving a whopping sum of $921...


Full excerpts of Diamond Bank’s profit warning

Full excerpts of Diamond Bank’s profit warning

Diamond Bank Plc has joined the chorus of banks that have issued profit warnings for their 2015 Full Year results. The bank issued the...


Diamond Bank Appoints Damian Dolland As A Non-Executive Director

Diamond Bank Appoints Damian Dolland As A Non-Executive Director

Diamond Bank have confirmed the appointment of Mr.Damian Dolland as a  Non-Executive Director. The Bank confirmed the appointment in a letter written to the...


Diamond Bank Debunks Online Report Of Being “Distressed”

Diamond Bank Debunks Online Report Of Being “Distressed”

Diamond Bank has dismissed a media report by an online media outfit suggesting that the bank is distressed. Describing the story as “false and malicious”,...