Founder Of Diamond Bank, Pascal Dozie, Dies at 85

Pascal Dozie, the founder of Diamond Bank and former chairman of MTN Nigeria, passed away on April 8, 2025, at the age of 85, his family confirmed.

The news sent ripples across Nigeria, as the legend, who was born on April 8, 1939, died just a day to his birthday celebration, marking the end of an era for a man widely regarded as a pioneer in the nation’s banking and telecommunications sectors.

While the cause of death was not disclosed, the impact of his loss was immediately felt, with tributes pouring in from leaders and citizens alike.

Born in Owerri, Imo State, Dozie established Diamond Bank in 1990, building it into a significant player in Nigeria’s financial industry before its merger with Access Bank in 2019. His influence extended to MTN Nigeria, where he served as chairman and made history by placing the company’s first call in 2001, a milestone that helped shape the country’s telecom landscape. His career was defined by innovation and leadership, earning him respect as a key figure in Nigeria’s economic growth.

President Bola Tinubu expressed his condolences, calling Dozie a “towering figure” whose contributions would be remembered for generations. MTN Nigeria highlighted his foundational role, noting his guidance in the company’s early years. Former Imo State Governor Emeka Ihedioha described him as a mentor, while posts on X reflected widespread admiration for his legacy, with many Nigerians sharing personal stories of his influence.

Dozie’s sons continue his entrepreneurial spirit through fintech ventures Carbon and Sparkle, ensuring his vision endures. His death leaves a significant gap in Nigeria’s business community, but his achievements stand as a testament to a life dedicated to progress. As the nation reflects on April 8, 2025, it mourns not just a man, but a symbol of what determination and foresight can achieve.