Diamond Bank Rights Issue: Owerri Shareholders Demand for More Shares, Extension of Closing Date
Shareholders in Owerri, Imo State, have requested to be allowed to buy more than their allotted share in the ongoing Diamond Bank Rights Issue meant to raise N50.37 billion for strategic growth projects. They also want the closing date for the issue extended to enable them take up fully their shares.
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Osun Osogbo 2014: Ataoja, Others Commend Goldberg Sponsorship
As activities marking the 2014 edition of the annual Osun Osogbo Festival advance, notable individuals in Osogboland have commended the support from Goldberg, a high quality lager brand from the stables of Nigerian Breweries Plc., describing the support as enormous and encouraging.
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AMFacilities MD Tasks Young Engineers On Economic Solutions … Endows Fund for Best Graduating Students
The Managing Director and Chief Executive Officer of Alpha Mead Facilities and Management Services Limited, AMFacilities, Engr. Femi Akintunde, has tasked young engineers on the need to harness their knowledge of engineering principles, science and mathematics to advance Nigeria’s economy.
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ESQ Nigerian Legal Awards Restructures, Announces Judges, Date
ESQ Legal Practice Magazine, the number one legal practice magazine in Sub-Saharan Africa, has restructured the ESQ Nigerian Legal Awards and announced the date for the award ceremony. Also, a team of eminent experts has been constituted as the judges.
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Stock Exchange Backs Diamond Bank On Rights Issue
The Nigerian Stock Exchange has pledged its support for Diamond Bank Plc on its on-going Rights Issue exercise. This show of support was given when the Bank’s Management embarked on a Facts Behind the Issue session with capital market operators in Lagos recently.
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Diamond Bank, MTN Launch Diamond Yello Account
Leading retail bank, Diamond Bank PLC, has launched an innovative banking product, Diamond Y’ello, as part of its financial inclusion programme to reach the unbanked.
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Gulder Ultimate Search 11 Regionals: No Longer Business As Usual
Signs that Gulder Ultimate Search 11 will be thrilling, suspense-filled and even more exciting than previous editions have begun to manifest. Individuals that thronged the Liberation Stadium, Port Harcourt, Rivers State, for their regional selection exercises, were stunned by the new exercise regime introduced to eliminate the weaker contestants.
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“We will Improve Awareness of Health Insurance Benefits Amongst Entertainers” – Ukiri, Avon HMO
Distrust and lack of awareness have been highlighted as major factors hindering the adoption of health insurance by the entertainment industry in Nigeria. This was the overarching message made by Mrs. Kehinde Oyesiku, Head, Business Development and Sales, Avon HMO, at the first annual Nigerian Entertainment Industry Health Insurance Convention held in Lagos recently.
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Regional Screening Commences August 2, As GUS Extends Registration Deadline
The regional screening for this year’s Gulder Ultimate Search themed ‘The Mission’ will commence on Saturday, August 2, 2014 in Port Harcourt, Awka, Benin and Lagos and will end on Monday, August 18.
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“I Thank Nigerian Breweries for choosing our community for Gulder Ultimate Search” – Igwe Of Aguleri
The joy of His Royal Highness, Eze Christopher Idigo IV, the Ogalagidi and Igwe of Aguleri, knows no bounds. This is because Nigeria’s popular reality TV show, The Gulder Ultimate Search, has chosen the Aguleri Forest in Anambra as the location where young Nigerians will search for this year’s hidden treasure. The traditional ruler spoke on what the Gulder Ultimate Search team should expect. Excerpts
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Diamond Bank Donates Office Block To Nigerian Army
As part of its Corporate Social Responsibility drive to assist the Army carry out its task of safe guarding the nation, Diamond Bank Plc, a leading retail bank in Nigeria, has donated a ten-room, fully furnished, office block to the Nigerian Army.
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Diamond Bank PLC to raise 50.37 Billion via a Rights Issue
Arrangements for a Rights Issue by Diamond Bank Plc (“Diamond Bank” or “the Bank”), have now been concluded, following the approval granted by shareholders at the Bank’s Annual General Meeting held on 24 April 2014. A total of 8,685,145,863 Ordinary Shares of 50 kobo each will be offered to the Bank’s shareholders in the ratio of 3 new Ordinary Shares for every 5 Ordinary Shares held as at 13 June, 2014 at 5.80 per share.
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