trending Market Intelligence /marketintelligence/en/news-insights/trending/iUhhgu0dLqrtC-5kKYNU5Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Nigerian court sanctions merger of Access Bank, Diamond Bank

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Nigerian court sanctions merger of Access Bank, Diamond Bank

The proposed merger of Nigerian lenders Access Bank PLC and Diamond Bank PLC came into effect March 19, after the deal received court sanction the same day.

Diamond Bank said March 20 that its shares had been suspended from trading with immediate effect and that no further trading will take place. The merger is expected to create an entity with total assets of roughly 6.110 trillion naira, the largest in the country, according to S&P Global Market Intelligence.

As of March 19, US$1 was equivalent to 361.88 Nigerian naira.