Access Bank has finally acquired Diamond Bank.

Insiders told TheCable that the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria, CBN.

The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry.

Diamond Bank had last week announced its decision to drop its international operating licence to focus on national operations following capitalisation issues.

Uzoma Dozie, the bank’s Chief Executive Officer, confirmed the development in a statement released on Friday.

“With this approval, the bank will cease to operate as an international bank,” Dozie had said.

“The re-licensing as a national bank supports Diamond Bank’s objective of streamlining its operations to focus resources on the significant opportunities in the Nigerian retail banking market, and the economy as a whole.

“The move follows Diamond Bank’s decision to sell its international operations, which included the disposal of its West African Subsidiary in 2017 and Diamond Bank UK, the sale of which is currently in its final stages.

“The change to national bank status also enables the bank to maintain a lower minimum capital requirement of 10 per cent, as against 15 per cent required for international banks.”

The bank recorded its worst month on record in November with share plunging to 0.65k per unit

Source:
http://dailypost.ng/2018/12/17/breaking-access-bank-finally-acquires-diamond-bank/

Mr Promise Samuel, whose son was murdered by his former lover, Chineye Ndubuife, at the Olodi Apapa area of Lagos State last week Wednesday, yesterday countered all the allegations leveled against him by the woman.


One of the allegations raised by Ndubuife after murdering two-year-old Wisdom, was that Samuel dated her for several years, made her to carry out several abortions, leading to her womb being damaged, but eventual didn’t marry her.

When it was time for Samuel to marry, he went to his village to take a wife. Ndubuife, 30, was alleged to have admitted killing the boy after she was arrested by policemen from the Tolu Police Station.

She told police that Samuel made her to carry out five abortions while they were dating. According to Samuel, he and Ndubuife dated for just a year and during those months, the lady never had any abortion for him.

A grieving Samuel said: “For the period we dated, I took very good care of her. When it was time for me to marry, I went for my town’s lady; someone from Akwa- Ibom State. In fact, I still used to give Chineye money after I got married. I don’t know what else she wanted from me. I was surprised when she claimed that I damaged her womb.

She was just angry that I left her for another lady.” Remembering the event leading to the discovery of the body of Wisdom, Samuel said that immediately he received a phone from his wife that their son was missing, he had quickly jumped into his car and drove recklessly, almost ramming into people.

When he got home, the search for Wisdom heated up and he was eventually found. Samuel said: “We later found my son inside the toilet. His head was covered with a red cloth. That was how I found the remains of my son. I immediately went to Tolu Police Station to lodge a complaint.


The policemen came and arrested everyone in the house, including my landlord. The police later got to known that it was Chineye that killed my boy. They found out when Chinasa, niece of Chineye was crying. She said that her aunt sent her to go and buy noodles. Chinasa said that when Wisdom wanted to go with her, Chineye refused. On hearing that, the police arrested Chineye. She later confessed to the crime at the police station.” Wisdom’s distraught mother, Mrs. Menyene Promise, said that she fainted when she saw the corpse of her son. She recollected: “I was sleeping in our apartment when Chineye sent Chinasa to call my son.

I sent her away, but she came back, explaining that her aunt (Chineye) wanted to give Wisdom some academic tutoring. I allowed Wisdom to go because he was crying. I didn’t know that would be the last time I would see my son.” The woman continued: “When I woke up, I went outside to check on Wisdom. But everyone said they had not seen him. That was how I started searching for him.

I called his father and told him the development. He rushed home and we both started searching for him. Unfortunately, Chineye had killed my son before Chinasa returned from where she went to buy the noodles. I have not been myself since discovering my son’s corpse.”

The suspect’s and complainant’s landlady, Mrs Esther Samudare, urged the Lagos State Commissioner of Police, Edgal Imohimi to investigate the case very well and prosecute Chineye accordingly. She added: “The mother of Wisdom conceived him in this my house. The boy was also killed in this my house. I don’t see why a woman would kill another woman’s son because the father of the boy didn’t marry her.

It’s bad!” The President of Akwa- Ibom forum in Ajegunle, Olodi Apapa zone, Mr. Marshal Udom, explained that when the incident occurred, he went to the police station. He heard Chineye confessing to have killed Wisdom because she, “wanted to punish his father.” She said that the boy’s father had wronged her. She said that she couldn’t conceive anymore due to abortions she had done after getting pregnant for Samuel.” Udom further said: “The suspect told the Tolu Divisional Police Officer (DPO) that it was Samuel she wanted to kill, but all efforts to kill him failed. She then decided to go after his son.



While attempting to kill Samuel, she would go to a spot where she and Samuel used to meet as lovers; fortunately, Samuel had stopped going there. “And then she went for Wisdom. She lured the boy to come to her apartment for a lesson. She then sent her niece, Chinasa to go and buy noodles.

She took Wisdom; hit his head on the wall before she finally used a stone to smash on his head. She then dumped his body inside toilet. Before I returned from the police station, Samuel had buried Wisdom, but we exhumed and deposited his remains at the military hospital mortuary, Yaba, awaiting autopsy.” The Lagos State Police Public Relations Officer (PPRO), Chike Oti, while confirming the incident, added that the suspect had been transferred to the State Criminal Investigations and Intelligence Department (SCIID), Panti, Yaba, for further investigation.

Source:

https://www.nationalhelm.co/2018/12/i-only-dated-her-for-one-year-man-whose-son-was-killed-by-jealous-lady-in-lagos.html