Paschal Dozie, a doyen of banking in Nigeria and founder of Diamond Bank, is dead.
ENigeria News reports that Dozie, who was the former chairman of MTN Nigeria, has died at 85 from an undisclosed ailment; a source close to the family has confirmed.
He lost Diamond to Access Bank’s acquisition after the bank ran into troubled water under the leadership of his son, Uzoma Dozie.
With a net worth of over $1 billion, the banking wizard is among the top billionaires in Nigeria as of the 2024 ranking.
Paschal Dozie: State of Origin, Early Life and Education
Paschal Dozie was born in 1939 in the Egbu village of Owerri, Nigeria. He was born into the family of Charles Dozie who was a Catholic catechist. Dozie attended Our Lady’s School, Emekuku, where he obtained his First School Leaving Certificate (FSLC).
He subsequently attended Holy Ghost Juniorate Seminary and Holy Ghost College, Owerri, where he obtained his West African Senior School Certificate Examination. After obtaining his high school certificate, he travelled to London, where he studied economics at the London School of Economics and obtained a BSc in economics. Subsequently, he attended City University in London, where he studied operational research and industrial engineering and obtained a master’s degree in administrative science.
Paschal Dozie Family
Until the time of his death, he was married to Chinyere Dozie, and they had five children, among whom is Uzoma Dozie, a former managing director of defunct Diamond Plc. This is a developing story; more to follow shortly.
