₦airaland Forum

Invest in equipments and make go returns on investment

We have low bed available for sale

We have all kinds of equipments for sale. We are just a call away

Compliments of the season people. Clean trucks still available for sale. Contact us today for more info

Merry Christmas to you all and happy new year in advance

616autos:
does this one come with rotor or injector

They are all injector sir. Compliments of the season sir

Our trucks are buy and drive, nothing to fix

Keep the calls coming, let's start 2020 with great investments

Merry Christmas to you all, let love lead..

Very clean in and out

How many trucks do you need? We can supply as many as you want

Our trucks are clean, available for inspection and payment

Super clean trucks available for sale

mafiaso9:
How much each?

N7million only sir

1996 US used Mack truck heads for sale. Trucks are clean, in perfect working condition. Trucks are in Lagos.
Serious buyers only should call or whatsapp

09013516825

Clean cars still available for sale, buy and drive, nothing to fix

Merry Christmas to you all

Car is SOLD

More pictures of the bullet proof Land Cruise jeep

Bullet proof 2011 Land cruiser upgraded to 2018 for sale. N39million only

prophetwis:
2008 South Africa and i will like an extimate of cost at least a minimum.

Please send pics to my whatsapp

Good morning people, do have a blessed day ahead

prophetwis:
Do you refurbish smaller cars like Corolla. or just Prado Only

What year of corolla sir? We refurbish 2008 Corolla upwards

A trial will convince you

We give you the finest finishing you can think of.

We give your car that wow look you desire

We can help you upgrade your Toyota Land cruiser jeeps to latest model.
We do oven bake, interior and exterior touches.

Call or whatsapp for more info

Keep the calls coming people, clean cars available for sale.

This machine is still available, call for inspection and payment

It's well.

Mad people every were

By Mazi Obioma Ezenwobodo
December 18,2018

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.

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.

Competence, not family ties, grows business. Until Nigerians learn to separate these two, the end will always be sad.