Diamond Bank of Nigeria Sells ADIC Insurance Holding to NSIA Participation

Diamond Bank Plc (DIAMONDB) said it sold its 96.15 percent stake in ADIC Insurance Ltd. to NSIA Participations SA Holding as part of a strategy to exit businesses outside of banking.

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.