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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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Google Pixel 4a could reportedly launch on August 3

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Google Pixel 4a could reportedly launch on August 3 9

Just one of those top mysteries in the world of tech, you know it’s imminent and will definitely happen but just don’t know when.

Google Pixel 4a could reportedly launch on August 3 10

So far, Google has succeeded in staying mum about the launch date of the Pixel 4a but the rumour mill is relentless and now, in an attempt to put an end to the speculations, a tipster named Jon Prosser, claims to know the final launch date of the Pixel 4a.

Prosser took to Twitter to divulge the information on when Pixel 4a and Pixel 4a XL can be expected. Based on the Pixel 4a embargo letters and review units Google has sent to the local media; Prosser is dead sure the launch date is August 3.

However, Google who has not said anything on the matter so far did briefly list the Pixel 4a on its online store in Canada without any concrete details, which led to people believing the launch is finally nigh.

If the August 3 launch of the Pixel 4a is anything you go by, it will be the third postponed date.

Previously, Google was expected to launch the Pixel 4a series at the Android 11 launch event on June 3. It did not happen due to the coronavirus pandemic and the Black Lives Matter movement rife in the US and got delayed.

Later, Prosser said the Pixel 4a will debut on July 13 but that did not happen too. Meanwhile, Google’s rival Apple outed its long-awaited iPhone SE 2020 as the affordable iPhone model for this year and maybe beyond.

However, Presser will be hoping it is third time lucky/accurate and we finally get to see the affordable version of the Google pixel 4; the Pixel 4a and 4XL in the US. It’s imminent and there is every certainty it will happen.

Google Pixel 4a Specifications, Features and Price

It is more or less an open secret anyway but, the Google Pixel 4a is said to be powered by a Qualcomm Snapdragon 730 SoC paired with 6GB of RAM and up to 128GB of storage.

There will likely be a 5.8-inch LCD display with a punch-hole for the first time on a Pixel phone. Obviously, the Pixel 4a and Pixel 4a XL will run on Android 10 and they should soon be receiving the Android 11 update.

For camera optics, the Google Pixel 4a will have a single rear camera in the same squarish module at the back. Thougg the battery capacity is yet to be confirmed at this stage, the Pixel 4a is no doubt also expected to come with 18W fast charging.

For pricing, Google usually gives it flagship gadgets pocket pumping price tags but the Pixel 4a and 4L is expected to ship with relatively mid-range specs as well as pricing The leaks have suggested the Pixel 4a price in the US. The 64GB version is said to cost $299 (roughly NGN116,500) while the 128GB version will reportedly be priced at $349 (roughly NGN135,800).

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Apple confirms this years iPhone 12 Models won’t release in September

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Apple confirms this years iPhone 12 Models won't release in September 11

The world is on fire in more ways than one and this has no doubt left even the most credibly run company’s at risk of altering their usual annual schedules.

This is the case of Apple who after some back and forth tinkering and analysis, finally confirmed that its new iPhone 12 launch will be delayed by a few weeks.

The tech giant always reveals it’s next lineup of smartphone during the last quarter of the year and was rumored to launch the iPhone 12 series this year in September.

However, this isn’t the first time Apple is not following its own trend. The iPhone X too arrived way later in November in 2017 just a few months after the iPhone 8 series was released in September. Although Apple did reveal that it is coming up with the iPhone X during the launch of the Apple iPhone 8 series, it didn’t release the smartphone until November that year.

Similarly, the iPhone XR too was unveiled a month after the iPhone XS and the iPhone XS Max were unveiled in September 2018.

Apple iPhone 12 Models Launch Date

Just like the speculations about Apple launching the iPhone 12 series took flight, the delay in its launch was also being speculated too.

Apple announce new iPhone 12 Models new launch date

Earlier this week, chipmaker Qualcomm hinted at a delay in a particular 5G chip availability when it said that there would be a “slight delay” of a “flagship phone launch” in the fourth quarter, which corresponds to when Apple typically releases its new iPhone models. Without naming either the brand or the smartphone, Qualcomm revealed in its Q3 earnings report that “a partial impact from the delay of a global 5G flagship phone launch” might be reason behind all this.

Moreover, this proved we quite significant to the latest decision from Apple as notably, Apple and Qualcomm had entered into a $4.5 billion deal, which entails Apple will use Qualcomm’s 5G modem for its upcoming devices and the delay in the release of the new iPhones would no doubt also impact Qualcomm’s business

During yesterday’s earnings call covering the third fiscal quarter of 2020 (second calendar quarter), Apple CFO Luca Maestri confirmed that Apple is expecting to release this year’s iPhones later than usual. He was quoted by TechCrunch as saying, “As you know, last year we started selling new iPhones in late September. This year, we project to supply to be available a few weeks later.”

Earlier tipster iHacktu Pro had speculated that Apple will hold two important events in September and October. The tipster tweeted saying that Apple’s online event will be held on September 8 and devices including the much-anticipated iPhone 12 series, the Apple Watch, the AirPower-a wireless charging pad, and the Apple iPad. Whereas Apple is likely to launch the Apple iPad Pro, Apple Silicon Macs, and Apple Glass on October 27.

However, he didn’t confirm whether the October 27 event will be an online event or an in-person event. But none of it seems to be happening now considering the global situation on ground but a penny for your thoughts on iPhone users now and all that fruit company fans.

It’s rare Apple confirms any of its future products. Usually, they pretend as if there are no upcoming iPhones. But, given Qualcomm already tipped their hand about the iPhone 5G delay, it doesn’t leave Apple much choice.

Also, with the recently launched iPhone SE still driving sales, we expect all parties involved to be happy in the end. We’ll all survive living without a new iPhone for a few weeks.

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