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Paschal Dozie, Diamond Bank Founder, Dies at 85

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Paschal Dozie, Diamond Bank Founder, Dies at 85

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Pascal Gabriel Dozie, one of Nigeria’s most respected bankers, entrepreneurs, and nation-builders, has passed away at the age of 85.

A family member confirmed to THISDAY that Dozie died in the early hours of Tuesday, just a day before his 86th birthday.

Dozie founded Diamond Bank, a visionary institution that became one of the country’s most innovative financial organizations before merging with Access Bank.

He also played a pivotal role in Nigeria’s mobile telecommunications sector as the pioneering Chairman of MTN Nigeria, helping to drive the country’s telecom revolution.

Born on April 9, 1939, in Egbu, Owerri, Imo State, Dozie’s early brilliance took him to the London School of Economics, where he earned a master’s degree in administrative science.

In 1990, he established Diamond Bank, earning widespread recognition and respect in the Nigerian banking sector. Later, he handed the reins of the bank to his son, Uzoma.

Dozie’s leadership stood out for its humility, integrity, and long-term vision, making him a beloved figure in Nigerian business circles.

The Nigerian government honored him with the Commander of the Order of the Niger (CON) for his contributions to the nation’s development.

Pascal Dozie leaves behind a remarkable legacy in the Nigerian banking and telecommunications industries, one that will continue to inspire future generations.

He is survived by his wife, Chinyere, and their children.

Article updated 5 days ago. Content is written and modified by multiple authors.

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