Wednesday, May 20th 2026

Former MTN Nigeria chairman and Diamond bank founder, Pascal Dozie dies at 85


Former MTN Nigeria chairman and Diamond bank founder, Pascal Dozie dies at 85
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Nigeria’s business community is mourning the loss of one of its most respected icons, Chief Pascal Dozie, the former Chairman of MTN Nigeria and founder of the defunct Diamond Bank. He passed away at the age of 85.

The news of his death was confirmed by family sources on Sunday, marking the end of an era for a man widely celebrated for his visionary leadership and significant contributions to Nigeria’s banking and telecommunications industries.

A Legacy of Excellence

Chief Pascal Dozie was a pioneer in Nigeria’s corporate space, renowned for his role in transforming the banking sector and expanding telecommunications services across the country.

He founded Diamond Bank in 1990, a financial institution that grew to become one of Nigeria’s most successful commercial banks before its merger with Access Bank in 2019.

As the founding Chairman of MTN Nigeria, Dozie played a pivotal role in the telecom giant’s rise to dominance in Africa’s largest mobile market, guiding its early operations and strategic direction.

Tributes Pour In

Industry leaders, corporate executives, and government officials have paid glowing tributes to Dozie, describing him as a man of vision, integrity, and commitment to national development.

“Chief Pascal Dozie was not just a businessman; he was a nation builder whose influence shaped Nigeria’s banking and telecom industries. His legacy will live on,” said a statement from MTN Nigeria.

Beyond Business

Apart from his corporate achievements, Dozie was a mentor to many upcoming entrepreneurs and played an active role in philanthropic activities. He was known for his humility, wisdom, and dedication to the growth of Nigeria’s economy.

Final Rest

Burial arrangements are yet to be officially announced by the family.

Chief Pascal Dozie is survived by his wife, children, including Uzoma Dozie, the former CEO of Diamond Bank, and several grandchildren.

 

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