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BREAKING NEWS; Paschal Dozie – Diamond Bank Founder is Dead

Desmond Ike-Chima by Desmond Ike-Chima
April 8, 2025
in Headlines, NIGERIAN NEWS
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BREAKING NEWS; Paschal Dozie - Diamond Bank Founder is Dead

Paschal D0zie

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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.

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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.

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Desmond Ike-Chima

Desmond Ike-Chima

Desmond Ike-Chima is an award-winning investigative journalist, media entrepreneur, and travel documentary YouTube creator renowned for his fearless storytelling, sharp editorial instincts, and compelling digital narratives that bridge journalism, culture, and adventure. With over a decade of distinguished experience across Nigeria’s print and digital media landscape, Ike-Chima has built a formidable reputation as a journalist deeply committed to truth, accountability, and impactful storytelling. Before founding ENigeria Newspaper, a respected tabloid-style online publication established in 2008, he worked extensively as a staff reporter and editor for several notable media platforms, earning recognition for his investigative depth, editorial discipline, and ability to uncover stories that resonate far beyond the headlines. Driven by a philosophy that journalism should serve as a watchdog against abuse of power, Ike-Chima’s investigative works have consistently challenged corruption, exposed corporate misconduct, and held public officeholders accountable. His fearless reporting style and uncompromising pursuit of truth have, over the years, placed him at the center of several high-profile controversies involving powerful political and corporate interests. As a result of his investigative journalism and public-interest reporting through ENigeria Newspaper, he has endured repeated harassment, intimidation, and pressure from influential individuals, security agencies, and corporate entities displeased by the revelations published under his watch. Yet, these experiences have only strengthened his resolve and reinforced his commitment to ethical journalism and independent media. Audacious, resilient, outspoken, principled, and fiercely committed to integrity, Desmond Ike-Chima is widely regarded as a journalist who refuses to bend under pressure. His unwavering stance against insincerity and institutional abuse has become one of the defining hallmarks of his career. Beyond traditional journalism, Ike-Chima has successfully evolved into a dynamic new media personality and travel YouTube creator, leveraging digital storytelling to explore untold narratives across Africa and beyond. Through immersive travel documentaries, cultural explorations, and human-centered storytelling, he continues to captivate audiences with authentic experiences that showcase the beauty, complexity, and realities of different societies. A passionate Search Engine Optimization (SEO) enthusiast with deep knowledge of Nigeria’s entertainment and media ecosystem, Ike-Chima combines journalistic precision with digital strategy to create engaging multimedia content tailored for modern audiences. His creative approach to content production reflects an exceptional understanding of audience behavior, online visibility, and storytelling impact across emerging media platforms. An avid traveler, film maker, and explorer at heart, Desmond Ike-Chima remains deeply passionate about discovering new places, documenting hidden stories, and pushing the boundaries of contemporary African storytelling through journalism, film, and digital media.

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