7 Companies The Late Nigerian Businessman Pascal Dozie Owned

Pascal Dozie, founder of Diamond Bank and MTN Nigeria, revolutionized Nigeria's banking and telecom sectors, leaving a lasting legacy in both industries.

Dozie's role as chairman of MTN Nigeria helped shape the company into the country's leading mobile network operator, with his stake valued at 52.3 million.

Through Kunoch Holdings, Dozie fostered investments in sectors like hospitality, finance, and energy.

On Tuesday, April 8, 2025, Nigeria mourned the passing of Pascal Dozie, one of the countrys most influential figures in both finance and telecommunications.

At 86, Dozies passing marked the end of an era in industries he had shaped, particularly banking and telecoms, where his impact lasted decades. He is remembered as one of Nigeria's most transformative entrepreneurs, with his work laying the groundwork for major changes in two of the nation's most essential sectors.

Born on April 9, 1939, in Egbu, Owerri, Imo State, Dozie was raised in a devout Catholic family. His father, Charles Dozie, a catechist, instilled in him strong values of discipline and serviceprinciples that would guide him throughout his life. These early lessons in faith and duty influenced his approach to business, leadership, and community service.

In 1990, at 51, Dozie made a bold move that would forever change Nigerias banking industry. He founded Diamond Bank, recognizing a gap in the market for a customer-focused, modern bank. The banks first branch opened in Lagos, and within a few decades, it became one of the countrys most respected financial institutions.

A landmark moment in his banking career occurred on Dec. 17, 2018, when Diamond Bank was acquired by Access Holdings . The deal not only marked the banks closing chapter but also underscored Dozies foresight and ability to adapt in an ever-changing financial landscape.