Renowned Nigerian entrepreneur and philanthropist, Pascal Dozie, has passed away at the age of 85. His family confirmed the news in a statement released on Tuesday, revealing that he died peacefully on Monday.
Dozie, who was born on April 9, 1939, was a towering figure in Nigeria’s business landscape. He was the founder of the now-defunct Diamond Bank Plc, one of the leading financial institutions before its merger with Access Bank.
He also served as a former chairman of MTN Nigeria, where he played a pivotal role in the telecommunications giant’s growth in the country.
Raised in a Catholic family, Dozie’s early life was deeply influenced by his father, Charles Dozie, who served as a catechist.
He had his early education at Our Lady’s School Emekuku, Holy Ghost Juniorate Seminary, and Holy Ghost College, Owerri, where he obtained his West African Senior School Certificate Examination.
Seeking higher education abroad, he moved to the United Kingdom, earning a Bachelor’s degree in Economics from the London School of Economics.
He furthered his studies in Operational Research and Industrial Engineering before obtaining a Master’s degree in Administrative Science from City University in London.
Dozie played a critical role in Nigeria’s banking and telecom industries, founding Diamond Bank, which later merged with Access Bank, and serving as the chairman of MTN Nigeria, overseeing its expansion.
His contributions to the country’s economic growth earned him widespread respect.
Dozie is survived by his wife, Chinyere, and five children.
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