Pascal Dozie, Nigeria’s banking mogul owned these 7 companies

• Pascal Dozie was 1 of the astir important figures successful Nigeria's telecom and concern industries
• The influential businessman passed distant connected Tuesday, April 8, 2025, astatine the property of 86
• His interaction cuts crossed banking, telecommunications, hospitality and tons more

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Nigeria mourned the death of Pascal Dozie, one of the astir important individuals successful the nation's fiscal and telecoms sectors, connected Tuesday, April 8, 2025.

Pascal Dozie is regarded arsenic 1 of Nigeria's astir influential businessme. Photo Credit: Pascal Dozie
Source: UGC

Dozie's decease astatine the property of 86 signaled the extremity of a play successful which helium had influenced respective industries, astir notably banking and telecommunications, wherever his power persisted for decades.

He is regarded arsenic 1 of Nigeria's astir influential businessmen, having laid the instauration for significant reforms successful 2 of the astir captious industries successful the country. His impacts tin beryllium seen crossed these 7 companies arsenic listed by Billioniare.africa

Diamond Bank

Diamond Bank was established successful 1990 by Pascal Dozie to capable a important void successful Nigeria's banking industry. It instantly distinguished itself by being innovative, providing customer-focused services, and embracing exertion aboriginal on. It developed into 1 of Nigeria's astir reputable and forward-thinking fiscal organizations nether Dozie's inspiring direction.

After receiving shareholder and regulatory permission, it reached a turning constituent successful 2018 erstwhile it signed a historical merger statement with Access Bank, the flagship institution of Access Holdings. The agreement, which was finalized successful aboriginal 2019, changed the banking situation successful Nigeria and solidified Dozie's estimation arsenic a pioneer successful African finance.

MTN Nigeria

The instauration of MTN to the Nigerian market, which transformed telecommunications passim the nation, was made imaginable successful ample portion by Pascal Dozie. As a founding investor, helium provided important fiscal backing arsenic good arsenic strategical absorption that helped found MTN Nigeria arsenic the apical mobile web supplier successful the country.

Dozie was 1 of the company's apical 10 largest idiosyncratic stockholders for galore years. His 1.6 percent ownership was worthy N82.24 cardinal ($52.3 million) astatine the clip of his death, according to Billionaires.Africa.

His aboriginal concern and ongoing power show a bequest that changed the mobile communications scenery successful Nigeria and had an interaction that went acold beyond the banking sector.

Marriot Hotel, Owerri

Kunoch Holdings, Pascal Dozie's household business, collaborated with Africa Capital Alliance successful 2017 to physique the Protea Hotel by Marriott Owerri Select, a midscale edifice with 90 rooms that is ideally situated successful Owerri, the superior of Imo State. Serving some concern and leisure guests, the installation has 72 regular rooms and 18 suites nether the well-known Protea Hotels by Marriott brand.

Dozie's semipermanent extremity of providing high-quality, sustainable infrastructure that improves Nigeria's hospitality country is successful enactment with this investment. Beyond the existent construction, the task demonstrates Kunoch Holdings' dedication to determination enlargement and Africa Capital Alliance's relation successful utilizing backstage wealth to enactment locally rooted, impactful projects.

Africa Capital Alliance

One of the innovative backstage equity firms successful West Africa, Africa Capital Alliance (ACA) is well-known for its African-led concern attack and expanding pan-African reach. With operations and subsidiaries successful Nigeria, Ghana, and Mauritius, ACA was founded successful 1997 and has since established a coagulated estimation for providing worth successful emerging markets.

Pascal Dozie was a founding spouse who had a cardinal relation successful determining the semipermanent goals and strategical predisposition of the company. Under his direction, ACA has drawn much than $1 cardinal successful full superior commitments, which is indicative of some its way grounds of occurrence and its allure to some home and planetary investors looking to get entree to Africa's rapidly expanding markets.

Kunoch Holding

The concern limb and household bureau of the Dozie family, Kunoch Holdings is strategically focused connected identifying and capitalizing connected task opportunities that are either rooted successful Nigeria oregon bring measurable worth to the country.

The firm's diversified portfolio spans cardinal sectors specified arsenic education, hospitality, finance, and ICT, each of which are firmly rooted successful a committedness to societal work and biology sustainability.

In August 2014, Kunoch Holdings made a important enlargement successful the fiscal assemblage by acquiring Actis DB Holdings Limited, a peculiar intent conveyance jointly owned by Actis LLP and CDC Group plc. This acquisition allowed Kunoch Holdings to unafraid a 14.79 percent equity involvement successful Diamond Bank, further solidifying its beingness successful the Nigerian fiscal landscape.

Kunoch Oil Services Limited

Specialized energy concern institution Kunoch Oil Services Limited owns a strategical 15% equity holding successful OML 146, a institution based successful Nigeria. An important constituent of the country's hydrocarbon portfolio, the Agu Conventional Oil Field is simply a producing plus located connected this onshore tract.

A salient upstream concern successful Nigeria known for utilizing cutting-edge extraction technologies and environmentally affable methods, Sterling Exploration and Energy Production, operates the Agu field. This concern demonstrates Kunoch's important relation successful the Nigerian vigor manufacture and its larger dedication to generating wealthiness done a assortment of lipid and state assets.

Kunoch Digi

Located successful Owerri, Imo State, Kunoch Digi is simply a integer skills hub created to code the deficiency of tech endowment successful Southeast Nigeria. It provides applicable acquisition successful in-demand domains similar cybersecurity, integer marketing, information analysis, front-end development, and UI/UX design. Kunoch Digi equips students—from aspiring professionals to vocation changers—with the skills they request to win successful the rapidly evolving integer system by emphasizing hands-on, employable learning.

Its programme develops a pipeline of qualified unit for determination and planetary IT ecosystems by fusing mentation with applicable application. In summation to satisfying marketplace demands, Kunoch Digi is promoting equitable, sustained economical maturation successful the country by making tech acquisition applicable and accessible.

Nigerians unreserved to unfastened accounts arsenic slope announces 100% escaped charges

Legit.ng reported that Nigerians are anxious to unfastened idiosyncratic accounts with Sterling Bank aft the slope decided to region fees connected section physics transactions, including erstwhile Aviation Minister Chief Osita Chidoka.

Customers sending to Sterling Bank accounts arsenic good arsenic accounts astatine different banks are eligible for the escaped transactions.

On April 1, Sterling Bank made headlines by announcing it would region each section transportation charges connected its OneBank platform.

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Source: Legit.ng