Diamond Bank Nigeria Plc

Entity type image
Type: Company
Name: Diamond Bank Nigeria Plc
First reported May 23 2013 - Updated 10 hours ago - 1 reports

Market Updates For May 23, 2013

After seeing some strength in morning session, stocks showed a substantial downturn over the course of trading today to halt the two days bullish trends.Buying interest was somewhat subdued as key investors were reluctant to take position. The NSE-ASI ... [Published Lead Capital - May 23 2013]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Lagos State Takes Issue Of Child Rights Seriously

The Lagos State Government are one of the lead participants and supporters at the Upcoming CEO Forum on Children’s Rights and the Business Sector scheduled for 30 May in Lagos at the Wheatbaker Hotel.The event hosted by the Children and Business Network ... [Published PM News Nigeria - 14 hours ago]
First reported 21 hours ago - Updated 18 hours ago - 1 reports

NSE Market Capitalisation Losses N252 Billion to Profit Taking

The Nigerian Stock Exchange market capitalisation on Thursday depreciated by N252 billion due to profit taking embarked by investors after a two-day consecutive growth. The News Agency of Nigeria (NAN) reports that the market capitalisation, which opened ... [Published Individual.com - 21 hours ago]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Manufacturers Pressured by High Rough Prices, Low Volume Trading

Diamond markets stable ahead of Las Vegas shows. Manufacturers pressured by high rough prices and low volume trading. Cutting center liquidity tight as Indian factories close for summer vacation. Sentiment improves as U.S. retailers experience steady ... [Published Rapaport News - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Nigeria Delays Passaging The Petroleum Industry Bill

ABN Digital Generic Player The delay in the passage of the petroleum industry bill is not only preventing fresh investments in Nigeria's oil sector but continues to drive divestments by many international oil companies. To discuss this and other developments ... [Published ABN Digital - May 23 2013]
First reported May 21 2013 - Updated May 22 2013 - 2 reports

Antwerp Diamond Bank Reports Sharp Rise in Net Profit

(IDEX Online News) – Antwerp Diamond Bank (ADB), the only bank in the world that exclusively caters for the diamond and diamond jewelry industry, reported rises in net profit, operating profit and interest income for 2012.The bank, a fully owned subsidiary ... [Published Idex Online - May 22 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Is it Okay To Have A Bad Boss?

Victoria Island, Lagos — Darlington Onyeagoro’s thought provoking book on corporate ethics and politics “It’s OK To Have A Bad Boss” shows us how to handle every kind of boss in the office and the boardroom. Its definitely a must read for every worker ... [Published Prlog - May 21 2013]
First reported May 20 2013 - Updated May 21 2013 - 1 reports

MARKET UPDATES FOR MAY 20, 2013

After seeing modest strength earlier in the session, activities in the equities market came under pressure going into the close of the session, aided by profit booking in heavy cap stocks to start the trading week in negative zone. The negative market ... [Published Lead Capital - May 20 2013]
First reported May 19 2013 - Updated May 19 2013 - 1 reports

Heartless: Man scams blind woman of N.8m

ON MONDAY, the anti-graft agency, Economic and Financial Crimes Commission (EFCC) arrested a 33-year-old man, Gift Onyegam, for defrauding a blind teacher, whose name was given Mrs. Mary Rose Ihekanacho, of the sum of N830,000.A release signed by the ... [Published Nigerian Compass - May 19 2013]
First reported May 18 2013 - Updated May 18 2013 - 1 reports

Diamond Bank GMD Wins Banker of the Year 2013 Award

Lagos Group Managing Director of Diamond Bank, Alex Otti has won the USAfrica best of Africa 1st International Banker of the Year 2013 award.According to a statement from the bank, the trophy was handed to Dr. Otti on behalf of USAfrica by the Mayor of ... [Published AllAfrica.com - May 18 2013]
First reported May 16 2013 - Updated May 16 2013 - 3 reports

Diamond Bank Staff Protest Against Unfair Treatment

Some purported contract workers of Diamond Bank Plc Wednesday took to the streets of Lagos, to protest against an alleged unfair treatment meted out to them by their employer.The workers, who came out in their droves at the Victoria Island branch of the ... [Published AllAfrica.com - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 2 reports

Diamond Bank workers protest

May 16, 2013 by Agency Reporter Leave a CommentAbout 500 contract workers of Diamond Bank Plc on Wednesday protested at the head office of the bank in Lagos over alleged unfair practices and poor working conditions.The contract employees, who were recruited ... [Published Nigeria Punch - May 16 2013]

Quotes

"The main economic indicators reflected an unstable business climate with the Asian economies struggling with a slowdown. The price balance between rough and polished diamonds was cumbersome to restore, putting the profitability of the trade and manufacturing industry under constant pressure. In this difficult economic environment the bank applied a conservative and selective credit policy aimed at optimal allocation of capital and improved quality of the credit portfolio."
...Chido Nwangwu described Dr. Otti as very deserving of the award for "meeting USAfrica's criteria for someone who made an outstanding difference and empowers Nigerians, Africans-Americans in the banking sector and international business and also as someone who through executive leadership and scholarship embodies the core goal of USAfrica in flying the distinctive flag of the African professional class in the Diaspora and globally."
He said: "For several years we have been agitating because our taxes are deducted before our salaries are paid but we don't get tax clearance certificate and this is my ninth year as a staff of the bank."
"A combination of these factors goes to show that the banks made much more money last year than previously and these factors are major reasons why the banks have higher Profit After Tax (PAT) in their 2012 year end books than in previous years" he said

More Content

All (170) | News (118) | Reports (0) | Blogs (1) | Audio/Video (49) | Fact Sheets (1) | Press Releases (1)
sort by: Date | Relevance
Lagos State Takes Issue Of Child Rights Seriously [Published PM News Nigeria - 14 hours ago]
NSE Market Capitalisation Losses N252 Billion t... [Published Individual.com - 21 hours ago]
Newgen Receives Tremendous Response To ... [Published EFYTimes.com - 23 hours ago]
Manufacturers Pressured by High Rough Prices, L... [Published Rapaport News - May 23 2013]
Market Updates For May 23, 2013 [Published Lead Capital - May 23 2013]
Nigeria Delays Passaging The Petroleum Industry... [Published ABN Digital - May 23 2013]
Antwerp Diamond Bank Reports Sharp Rise in Net ... [Published Idex Online - May 22 2013]
Is it Okay To Have A Bad Boss? [Published Prlog - May 21 2013]
Antwerp Diamond Bank's Profit +152% in 2012 [Published Rapaport News - May 21 2013]
21 May - Nigerian Markets Wrap with Kayode Tinuoye [Published ABN Digital - Video - May 21 2013]
MARKET UPDATES FOR MAY 20, 2013 [Published Lead Capital - May 20 2013]
New Market Report Now Available: Nigeria Commer... [Published Live-PR.com - May 20 2013]
Who should be the next CBN Governor? [Published Vanguard - May 19 2013]
Top Gains Outway Losses At Exchange [Published The Tide Newspaper Online - May 19 2013]
Heartless: Man scams blind woman of N.8m [Published Nigerian Compass - May 19 2013]
Diamond Bank GMD Wins Banker of the Year 2013 A... [Published AllAfrica.com - May 18 2013]
N300 Million Fraud - Pension Thief, Yusufu, Kno... [Published AllAfrica.com - May 17 2013]
NSE Moves 380.90 Million Shares As Index Improv... [Published AllAfrica.com - May 17 2013]
Market Hits Five-year High, Gains N142bn in 3 Days [Published This Day Online - May 17 2013]
MARKET UPDATES FOR MAY 16, 2013 [Published Lead Capital - May 16 2013]
Diamond Bank Staff Protest Against Unfair Treat... [Published AllAfrica.com - May 16 2013]
Distraught Contract Staffs Disrupt Operations I... [Published Ventures Africa - May 16 2013]
16 May - Nigeria Markets with Adegboyega Adebajo [Published ABN Digital - Video - May 16 2013]
Diamond Bank workers protest [Published Nigeria Punch - May 16 2013]
Protesting workers disrupt Diamond Bank operati... [Published Vanguard - May 16 2013]
‘Stop this injustice...’ [Published The Guardian Nigeria - May 16 2013]
MARKET UPDATES FOR MAY 15, 2013 [Published Lead Capital - May 15 2013]
Nigeria: Banks' Rising Appetite for Eurobonds [Published AllAfrica.com - May 15 2013]
MARKET UPDATES FOR MAY 14, 2013 [Published Lead Capital - May 15 2013]
Banks’ Rising Appetite for Eurobonds [Published This Day Online - May 15 2013]
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Blogs

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MICROCAPITAL BRIEF: Diamond Bank of Nigeria Int... [Published MicroCapital - Dec 14 2012]
Diamond Bank Public Limited Company (PLC), a commercial bank in Nigeria, recently launched “Diamond-in-Motion”, a mobile banking service truck that will allow customers to open new accounts, pay bills and use automated teller machine (ATM) as well as ...
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Audio/Video

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21 May - Nigerian Markets Wrap with Kayode Tinuoye [Published ABN Digital - Video - May 21 2013]
16 May - Nigeria Markets with Adegboyega Adebajo [Published ABN Digital - Video - May 16 2013]
14 May - Nigeria Fixed Income Markets with Thad... [Published ABN Digital - Video - May 14 2013]
14 May -- Nigeria Fixed Income Markets with Tha... [Published ABN Digital - YouTube - May 14 2013]
13 November -- Nigeria Market Update with Luqma... [Published ABN Digital - YouTube - May 10 2013]
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Press Releases

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Columbia University Presents The 10th Annual Af... [Published CisionWire - English - Feb 21 2013]
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