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Diamond Bank received no cash offer from investor, says board

The board of Diamond Bank Plc has denied media report relating to comments attributed to its former chairman, Mr Oluseyi Bickersteth.

A statement signed by the bank at the weekend in Lagos, said “Contrary to such media articles, the board wishes to clarify that the company has not received an offer from an investor to inject cash.”

The statement further read: “Further to the company’s announcement of 26 October 2018, Diamond Bank and its Board of Directors continue to review all strategic options on a regular basis.’’

 

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