Michael Jackson's “Thriller” remains the first and only album by a solo artist in RIAA history to be certified Triple Diamond, with over 34 million units sold.
Unfortunately Same couldn’t be said for late Pascal Dozie, Founder & CEO of Diamond Bank.
Mr. Pascal Dozie founded and nurtured Diamond Bank from 1991 to 2005. After growing the bank to an enviable height for 14 years, he relinquished the Chief Executive position to Mr Emeka Onwuka at the end of 2005. His exit would however be heralded with improved performance of the bank, which recorded a profit of N5.445 billion for the year 2005.
Onwuka, effectively took over from January 2006 and steadily grew the bank to profit after tax of N3.977b in 2006, N7.086b in 2007, N12.82b in 2008 and N1.328b in 2009. The bank posted loss of N11.214b in 2010 and another loss after tax of N13.940b in 2011.
Alex Otti took over in 2011 and in his first full year of 2012 the bank posted a profit after tax of N22.108b, N32.5b in 2013 and N28.36 when he handed over in 2014. The bank also saw its total assets rise from N564.9b in February 2011 to N1.18 trillion by December 31, 2012 and N1.52 trillion in 2013.
Alex Otti doubled the full staff count from around 2,000 in 2010 to over 4,000 in 2014. He expanded the bank's network from 210 branches in 2011 to over 265 branches three years later. Under his watch also, the bank established an international subsidiary in the United Kingdom, in addition to expansion in Francophone West Africa (Senegal, Togo, and Ivory Coast).
Otti's performance was so sterling that the Central Bank classified the bank as one of the eight systematically important banks in Nigeria under his watch. Otti's era was the golden era of the demised bank.
Then entered Uzoma Dozie, the son of the founder Pascal Dozie, as the Chief Executive of the bank in March 2014 and the bank’s fortune started nose-diving.
In 2015, his first full year as head of the bank, the bank’s profit after tax went down from N28.36b to N5.656b. It went down further to N3.499b in 2016 and a loss of N9.011b in 2017.
In 2017, noticing that it could no longer continue to cope with losses from its subsidiaries, the bank sold its West African operations in Benin, Togo, Cote d’Ivoire and Senegal to Manzi Finances S.A., a Cote d’Ivoire-based financial services holding company and the bank later sold its United Kingdom’s operations.
In 2018, the bank went into coma and had to be merged with Access Bank.
كل مرة اسمع اردوغان يحكي عن "الدولة الفلسطينية" بسأل حالي:
العثمانيون حكموا هاي البلاد أكثر من 400 سنة.
إذا تركيا اليوم بتعتبر إقامة دولة فلسطينية قضية تاريخية، ليش ما صار هاد أيام الحكم العثماني؟🤔
Egypt is very hypocritical.
Mo salah is praised on the football field.
BUT his family is violently attacked because his daughters are not forced to wear a smelly hijab.
islam is the most performative cult ever. You can never make them happy.
@yeankhar This is misinformation driven by ethnic sentiment.
The competition in Italy is not based on a fixed number of slots allocated to each country. Individuals who meet the competition’s participation and qualification requirements can participate.
GIG Group was founded in 1998 by Mr. Edwin Ajaere, who hailed from Isu LGA, Imo State, as God Is Good Motors, with a vision to provide premium transport services across Nigerian cities.
In 2009, Edwin Ajaere was kidnapped and killed. His son, Chidi Ajaere, who was just 21 years old at the time, returned from the United States and took over the affairs of the company.
Since then, the company has transformed into a leading technology-driven logistics conglomerate, with interests spanning multiple sectors of the Nigerian economy.
They raised a great son. Chidi Ajaere is doing wonders and transforming logistics across Nigeria.
The GIG we see all over Nigeria today is largely the handiwork of the brilliant Chidi Ajaere. His parents would undoubtedly be proud of him.
With aspirations of becoming one of Nigeria's top-ranked conglomerates, the company aims to be a propeller of progress in every facet of life.
Chidiebere Ajaere has successfully expanded the horizons of GIG Group, leading to the birth of several subsidiaries, including:
• GIG Logistics (deliveries to the US, UK, China and West Africa)
• GIG Motors
• Ziuss Energy (Oil & Gas)
• Stellas Banking & Finance
• RichmondHill Real Estate & Property
• GIG Aviation, the latest subsidiary, following the acquisition of two ATR72 cargo aircraft for logistics services.
Today, GIG Group is a conglomerate with over 5,000 employees.
A remarkable Igbo success story.
I thought it was a lie about the trend claiming the Sultan of Sokoto has 38 oil wells in the Niger Delta, yet the mouthpieces of the Ijaw people are silent on the matter?
The people who accused the Igbos of wanting to dominate them and take all their oil are quiet.
Please close your eyes and imagine if it was alleged that the Obi of Nnewi had 38 oil wells in the Niger Delta, yet the region is peaceful
Maybe, just maybe, Nigeria should end! 🤷🏿♂️
Pastor Umar Mulinde, a Ugandan pastor and former Muslim, suffered life-changing injuries after an acid attack in 2011 that was widely believed to be connected to his Christian ministry. Despite years of reconstructive surgeries and permanent physical scars, he has continued to preach the Gospel and share his testimony of forgiveness, perseverance, and faith in Jesus Christ. His story serves as a powerful reminder to pray for persecuted Christians around the world who continue to stand firm in their faith.