• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

After selling Diamond to Access, see Dozie brothers are doing now

Oreoluwa Ojelabi by Oreoluwa Ojelabi
February 22, 2023
in Business
0 0
0
screenshot 2023 02 22 at 11 29 49 aa84d1f1516d88c6.jpg (jpeg image 720 × 432 pixels)

screenshot 2023 02 22 at 11 29 49 aa84d1f1516d88c6.jpg (jpeg image 720 × 432 pixels)

thenacre-campaign

They grew up in an environment where banking was all they knew.

From seeing their father pilot the affairs of one of the most visible banks in Nigeria, Uzoma, Chijioke and Ngozi Dozie, the sons of Paschal Dozie, erstwhile chairman of Diamond Bank and MTN Nigeria, now run separate shows in the banking industry.

Tongues wagged when, under the leadership of Uzoma Dozie, Access Bank took over Diamond Bank, making many believe the Dozies must have sold common patrimony to a stronger competitor.

It is not clear where Chijioke and Ngozi were at the time the landmark decision to hand over father’s sweat, as many would call it, was made but what is very clear is that Chijioke and Ngozi were invested in banking like Uzoma, taunted for selling daddy’s inheritance.

Maybe they were led by the desire to cut their teeth in Nigeria’s highly competitive banking industry.

Perfect-Aesthetic-social-1

The talk of whether selling Diamond Bank to Access Bank was the best idea is not essential anymore. What’s important is that the three siblings are still very much invested in banking, each making giant strides in their personal space.

Carbon Finance, founded by Chijioke Dozie is in its 10th year with a promise to transform the banking industry.

The digital bank wants to make banking more accessible and flexible for customers.

According to reports, Carbon Finance was initially set up as a lending company with over a million users across Nigeria and operates in two African countries.

It began operations in 2012 as One Credit, a consumer lender. The firm moved to become a digital lender in 2016 through its app, Paylater.

Odun Ifa 2026
ADVERTISEMENT

Chijioke Dozie, the co-founder and CEO of Carbon Finance, said the company seeks to focus on its customers’ needs and adapt to market demands.

Ngozi Dozie, also a co-founder, said that the company’s newly launched product gives its customers the flexibility to shop when they want at zero per cent interest rates.

In 2019, the bank processed over $240 million payments.

Uzoma Dozie has remained in banking after exiting Diamond Bank as Managing Director/Chief Executive Officer.

The Diamond Bank was sold or merged with Access Bank, depending on which side of the divide you belong to.

Uzoma founded Sparkle Microfinance Bank, operating as a fintech company.

In October 2021, Uzoma’s latest invention raised $3.1 million to expand operations.

Uzoma had told TechCrunch that they do not see their customers from accounts, payments, deposits or credit angles but from how they can help them do what they want to do at any time.

He said the bank wants to provide Nigerians with financial, lifestyle and business support services.

The bank launched Sparkle Business in April last year to acquire several sets of underserved users from small and medium businesses.

adron lemon friday

Uzoma Dozie, the scion of Paschal Dozie, founder of Diamond Bank and erstwhile chairman of MTN, may have been vilified by a lot of people for selling out or rather squandering generational wealth built by his father.

The acquisition or merger (depending on which divide you belong) of Diamond Bank to Access Bank reverberated across the banking world. Many called the younger Dozie a traitor and a squanderer for handing over what took his father years to build to other people.

oreoluwa ojelabi brand writer
Oreoluwa Ojelabi

Oreoluwa is an accountant and a brand writer with a flair for journalism.

Related Posts

UBA PS L
Business

‘Super Savers Promo’ UBA set to reward customers with bumper prizes

by Freelanews
December 21, 2021
Nestlé
Sustainability

Nestlé trains 750 children on environmental sustainability in Ogun, FCT

by Quadri Olaitan
April 4, 2023
NCAA
Airline

NCAA warns airlines over flight delays, threatens sanctions

by David Okere
December 23, 2025
Wura
Business

Wura ati Fadaka Estate: A Serene Haven for Peace of Mind in Ibeju Lekki

by Quadri Olaitan
May 25, 2023
Government spending is bankrupting Africa, especially Nigeria
Sustainability

Government spending is bankrupting Africa, especially Nigeria

by Quadri Olaitan
July 9, 2024

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

IMG 20260829 WA0069

RYLA Next Takes Off, Elects Pioneer Youth Leadership Team

August 29, 2026
Lekki

Lekki Cinema turns bloody as machete-wielding man kills two

August 29, 2026
DEBO

URGENT APPEAL FOR SUPPORT FOR H.E. ADEBOWALE (DEBO) ADESINA, FORMER NIGERIAN AMBASSADOR TO TOGO

August 29, 2026
West

West Africa Project Fair sets Sept 1 for education, promotions webinar

August 29, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
IMG 20260829 WA0069

RYLA Next Takes Off, Elects Pioneer Youth Leadership Team

August 29, 2026
Lekki

Lekki Cinema turns bloody as machete-wielding man kills two

August 29, 2026
DEBO

URGENT APPEAL FOR SUPPORT FOR H.E. ADEBOWALE (DEBO) ADESINA, FORMER NIGERIAN AMBASSADOR TO TOGO

August 29, 2026
West

West Africa Project Fair sets Sept 1 for education, promotions webinar

August 29, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Kaduna

    Bandits displace 100 Kaduna communities, force residents to negotiate

    0 shares
    Share 0 Tweet 0
  • Lekki Cinema turns bloody as machete-wielding man kills two

    0 shares
    Share 0 Tweet 0
  • Nepal floods: Where is the Noah’s Ark?

    0 shares
    Share 0 Tweet 0
  • Police arrest 2 doctors, 2 others over alleged unauthorised kidney removal

    0 shares
    Share 0 Tweet 0

Just Published!

IMG 20260829 WA0069

RYLA Next Takes Off, Elects Pioneer Youth Leadership Team

August 29, 2026
Lekki

Lekki Cinema turns bloody as machete-wielding man kills two

August 29, 2026
DEBO

URGENT APPEAL FOR SUPPORT FOR H.E. ADEBOWALE (DEBO) ADESINA, FORMER NIGERIAN AMBASSADOR TO TOGO

August 29, 2026
West

West Africa Project Fair sets Sept 1 for education, promotions webinar

August 29, 2026
Shettima

Shettima, 60, rejects public birthday celebrations

August 29, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.