Sunday 16 December 2018

Access, Diamond Banks Agree on a Merger Deal.


Ebere Nwoji of Thisday reports Access Bank Plc and Diamond Bank Plc yesterday ended months of speculations over their future when they finally agreed to merge, signing a Memorandum of Agreement, which if approved by the Central Bank of Nigeria (CBN) and the Nigerian Stock Exchange (NSE), would move Access Bank, the principal partner, from number four to number two or number one in the nation’s banking hierarchy, if the current growth trajectory of Access Bank is maintained.

Recall that last month news broke out on the internet about Access Bank's acquisition moves on Diamond bank which was later denied.

TheNerve Africa is tweeting about this...








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