Group Managing Director/Chief Executive Officer, Diamond Bank Plc, Dr Alex Otti, has explained why most users of banks in Nigeria do not get long-term loans whenever they make such requests from their financial institutions. Otti, speaking recently as a panelist at the 11th Centre for Values in Leadership, CVL, in honour of Olasubomi Balogun at 80,…
Category: Business
GTBank Picks 'African Bank Of The Year' Award Again
Guaranty Trust Bank, GTBank, has again been named as the ‘African Bank Of The Year’. The reputable and highly innovative financial institution is getting the award for the second year running. GTBank was given this honour by African Banker Magazine on Wednesday, May 21, 2014 at the awards ceremony that held at Kigali Serena Hotel,…
How Diamond Bank Mobile App Saved Me–Man Recounts Experience
A man from Oye in Ekiti State, Tunde Owolabi, has narrated how the he was saved from an embarrassing situation, thanks to Diamond Bank’s mobile app. An excited Tunde Owolabi happily shared his ordeal and how the Bank came into his rescue. Below is his story; “Banking has really evolved from the days of long…
Diamond Bank's $200m Eurobonds Get Global Acceptance
Inaugural Diamond Bank’s Eurobond issuance exercise, with the printing of $200mn worth of bonds with a maturity of five years, has received warm and worldwide acceptance from investors. The exercise, which was recently concluded, resulted into many stakeholders embracing the Diamond Bank brand, which is respected and known for spurning innovative ideas. Commenting on…
FCMB Starts Account Opening On Facebook
One of the leading financial institutions in Nigeria, First City Monument Bank, FCMB, has now made account opening easy for new customers. The Bank recently launched a new system of easily opening an account with them. Prospecting FCMB customers can now operate an account with the Bank via Facebook, a popular social networking website. This…
Diamond Bank Plans Big For Entrepreneurs With BET4
One of Nigeria’s reputable financial institutions, Diamond Bank, has introduced an initiative aimed at putting smiles on the faces of business owners in the country. This is one of the Bank’s efforts in making sure businesses grow, which will in turn improve the economy. The programme, called Building Entrepreneurs Today, BET, is in its fourth…
FCMB Extends 30th Anniversary Promo
***Rolls Out More Rewards To Customers First City Monument Bank, FCMB, has extended its 30th anniversary promo as a way of making more customers enjoy its bounties. The Bank took this gesture due to the huge success the first phase of the promo recorded. The anniversary promo had ended on Wednesday, April 30, 2014, but…
Diamond Bank Dupes Customer Of N150m
Normally, a bank is meant to be the safest place for people to keep their hard-earned money, but when such institution is corrupt and fraudulent, it calls for concerns and it also means all is not well with the sweats of customers of such bank. Information getting to us indicates that one of the financial…
Skye Bank Workers Move N5.5m From Customer’s Account, EFCC Wades In
The Economic and Financial Crimes Commission, EFCC, has arrested five persons in connection with a N5.5 million fraud in Skye Bank. It was alleged that the suspects fraudulently transferred the said amount from the account of one of the bank’s customers to accounts operated by some of their alleged accomplices. The said crime was reportedly…
FCMB Founder Receives CIS Lifetime Achievement Award
Founder of FCMB Group, Otunba Michael Olasubomi Balogun, CON, has been honoured by the Chartered Institute of Stockbrokers, CIS, in appreciation of his outstanding contributions to the stockbroking profession in Nigeria. The erudite entrepreneur was conferred with the Lifetime Achievement Award by the body at a ceremony which took place at the 2014 Annual Dinner…