Official: Access Bank reportedly acquires Diamond Bank

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In newest reports, there are indications that popular Nigerian commercial bank, Access Bank has reportedly acquired also popular bank, Diamond Bank.

A report by TheCable earlier today, Sunday the 16th, revealed that the acquisition was midwifed by the Central Bank of Nigeria (CBN) in a bid to further consolidate the banking industry, and official announcement of the transaction will be made in the course of the week by the apex bank.