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Breaking News : Diamond Bank Has Been Sold To Access Bank, Customers Express Concern

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Breaking News :  Diamond Bank Has Been Sold To Access Bank, Customers Express Concern 1
I can’t categorically say what’s happening within Diamond Bank but this news may come as a shock to their customers.

Breaking News :  Diamond Bank Has Been Sold To Access Bank, Customers Express Concern 2

According to the Vanguard :

Access Bank Plc has finally acquired Diamond Bank Plc. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria, CBN, according to TheCable. Another source said confirmed that the deal has been sealed, awaiting final ratification from the regulatory body.

 The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry, sources informed. Last week, Diamond Bank announced its decision to drop its international operating licence to focus on national operations following capitalisation issues.

Uzoma Dozie, the bank’s Chief Executive Officer, confirmed the development in a statement released on Friday. Dozie had said: “With this approval, the bank will cease to operate as an international bank. “The re-licensing as a national bank supports Diamond Bank’s objective of streamlining its operations to focus resources on the significant opportunities in the Nigerian retail banking market, and the economy as a whole.

The move follows Diamond Bank’s decision to sell its international operations, which included the disposal of its West African Subsidiary in 2017 and Diamond Bank UK, the sale of which is currently in its final stages.” Broadcasting: NTA drops foreign satellites for NiGCOMSAT1R “The change to national bank status also enables the bank to maintain a lower minimum capital requirement of 10 per cent, as against 15 per cent required for international banks.” The bank recorded its worst month on record in November with share plunging to 0.61k per unit on November 30, 2018.

I wonder what this means for Diamond Bank users, well let’s keep our fingers crossed.

Michael Ajah is a Computer Science Student of The University of Port Harcourt and a Chelsea Fan. He loves RnB and a little mix of Trap Music. An awesome tech reviewer and analyst. Email - [email protected]

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iTunes is going to be shut down officially

Isaac Godwin

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iTunes is going to be shut down officially 9

iTunes is going to be shut down officially 10

After almost two decades of service, Apple is reportedly dumping iTunes.

It first started off as rumors, but now it is going to be made official at WWDC in just a few hours.

iTunes is going to be shut down officially 11

Before this, you might have noticed that the Instagram and Facebook page of iTunes has had a slight change.

iTunes is going to be shut down officially 12

iTunes is going to be shut down officially 13

Posts on both pages has been entirely deleted – Apple’s move at shifting away from iTunes links, I guess.

Before this, there has been separate apps for music on its mobile devices, however, not available for Mac OS.

Relating to that, there is supposedly going to be an announcement for three separate apps for its music, TV and podcasts, and hopefully they’ll also be available for Mac Books.

We’ll just keep our fingers crossed for this and other big announcements at WWDC.

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Google Stadia – The Future Of Gaming Or Not ? – Reader Opinion

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Google Stadia - The Future Of Gaming Or Not ? - Reader Opinion 14

A few weeks ago, Google announced the release of Google Stadia a new state of the art gaming platform that would change gaming as we know it apparently.

Google Stadia

This has been met with a lot of skepticism in the gaming community if this is going to actually work but I believe Stadia has what it takes to change the whole console gaming model that we have been used to for years, However, it would take some time to actually give Microsoft and Sony a run for their money.

Google Stadia Controller

Google Stadia actually got me thinking Sony’s Playstation and Microsoft’s Xbox would have a strong problem to contend with when it fully launches this year. Google Stadia’s cross-platform play is something I’m looking forward to, so you can play hardware intensive games on a system or phone with low specs.

Imagine playing PUBG or FIFA on a 1GB RAM Phone or Laptop and it runs without any lagging or glitches. So it’s practically goodbye to having to get a new system to play some games if they are available on Stadia.

I decided to put out this question to you guys on facebook and I was pretty impressed with the replies I got.

Google Stadia Reader Opinion

Google Stadia - The Future Of Gaming Or Not ? - Reader Opinion 15

Apeh Ikechukwu said – Even if it will be the beginning of the end for PlayStation 4 and Xbox, it will take time A very long time for it to gain popularity and to be accepted by all.
What if it becomes more expensive? That you have to pay huge to access it?

George Oz said – I don’t think to gain popularity is a problem, the announcement alone gathered enough publicity online. And yes it is definitely the end for others Like x-Box and co…Sometimes let’s learn to think Outside the Box.
#MyOpinion🚶🚶🚶🚶🚶

Osazeme Usen said – Stadia will take quite a long while to catch on. Internet speed is still an issue in most nations of the world. In the long run, stadia will eventually be cheaper than owning a console and purchasing games but that’s not going to happen anytime soon.

Olusola Glory Olamide said – Before we throw those Xboxes, PlayStations, Nintendo Switches and stuffs to the bin of history we have questions to answer.
Will most gamers’ broadband connections be fast enough to make a streaming service of that proposition? Will developers all come on board? And is Google the right company to trust with the future of the games industry? Though we’ve got Apple on board and Facebook, Microsoft, Amazon are also in the launch plus Sony Nintendo and others won’t stay put.

ューセッ州 小岩 マサチ said – I feel we will have to pay for most of the games…and Nigeria’s 4g speed is about 2mb/s.

Samuel Jarvis Adeyemi said -Stadia is a good innovation from Google and I think it’s great since gaming could be done on a device, they said it would be super fast even cheating the speed of light in 4k Res without a glitch.
Anyways Google is the software boss, I think they can do it.

I hope Xbox and PS4 meet up but cloud gaming is not really their stuff. And Google has the resources.

Swiss Alex said – well mainly I would say Google Stadia is a welcome development but Xbox and the ps4 has to upgrade too

Google Stadia Reader Opinion – Join The Conversation

Google Stadia looks like something that would work very well in countries with very fast broadband connections for now. Hopefully, Google would find a way to bridge the gap and fix things before it gets rolled out to Africa and Asia. Nevertheless, it’s a win for gamers with this. So what’s your take on this?

The comment box is yours, let me know what you think

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