Court sanctions Access, Diamond banks’ scheme of merger
Diamond Bank Plc. has said the Federal High Court of Nigeria has sanctioned the Scheme of Merger pursuant to which Access Bank Plc will acquire its entire issued share capital through a cash and share exchange.
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Court seals Access Bank, Diamond Bank merger - The Nation NigeriaThe Federal High Court (FHC) has sanctioned the approved scheme of merger between Access Bank Plc and Diamond Bank Plc, the final seal that effectively brings the merger of the two commercial banks into effect. Consequently, the Nigerian Stock Exchange (NSE) yesterday suspended trading on the shares of Diamond Bank Plc, which will be dissolved …
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Acquisition: Court approves Access Bank's share allotment to Diamond Bank's shareholdersAcquisition: Court approves Access Bank’s share allotment to Diamond Bank’s shareholders
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Court Adjourns N100m Suit Against Diamond Bank Until May 8An FCT High Court in Gudu, on Monday, adjourned until May 8, hearing in a law suit instituted against Diamond Bank Plc for N100 million in damages over alleged negligence. Justice Abba-Bello Mohammed adjourned the case after listening to the arguments of both the claimant and defence counsel. The claimant, Mr Isaac Dare, had instituted […]
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CBN, SEC green light for Access, Diamond merger - The Nation NigeriaThe Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have approved the merger of Access Bank Plc and Diamond Bank Plc, the last major regulatory hurdle for the consummation of the business combination. Both banks at the weekend confirmed receipt of the final approval from the financial services authorities. The final …
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Merger: Access, Diamond Get Final ApprovalAccess Bank Plc and Diamond Bank Plc have gotten final merger approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). The two financial institutions, in separate corporate disclosures issued on the Nigerian Stock Exchange (NSE) at the weekend, confirmed that the approvals have been secured. “Access Bank Plc is […]
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Access Bank declares N95bn profit for 2018 – Daily TrustAccess Bank Plc on Friday declared a profit after tax of N95 billion for the financial year ended Dec. 31, 2018. The News Agency of Nigeria (NAN) reports that the profit after tax grew by 58 per cent compared with N60.07 billion recorded in the corresponding period of 2017.ADVERTISEMENT The bank’s audited result released by …
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Access Bank declares N95 billion profit for 2018the profit after tax grew by 58 per cent compared to N60.07 billion recorded in the corresponding period of 2017.
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Access Bank declares N95bn profit for 2018 - Daily Post NigeriaAccess Bank Plc, on Friday declared a profit after tax of N95 billion for the financial year ended Dec. 31, 2018. The News Agency of Nigeria (NAN) reports
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LAGOS: Access Bank records N95bn profit in 2018 – Daily TrustAccess Bank Plc has recorded an increase of 58 per cent in Profit after Tax (PAT) to N95.0 billion from N60.1 billion in the corresponding period of 2017. In its audited financial results for the full year (FY) ended December 31, 2018 released to the Nigeria Stock Exchange (NSE) also showed that Gross Earnings rose …
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