The attention of the Central Bank of Nigeria (CBN) has been drawn to a spurious, malicious, and misleading online publication, which made several false claims concerning the recent sale of the Federal Government’s interest in Polaris Bank Ltd. Given the…
By Idris Bakare Polaris Bank has announced new board members after its acquisition by Strategic Capital Investment Limited. As part of the change in ownership, the SCIL appointed a new independent Board of Directors to lead the bank’s growth strategy.…
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 per cent of the equity in Polaris Bank by Strategic…
The House of Representatives has ordered the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc. The House gave the directive on Wednesday during plenary after adopting a motion of urgent public importance by Rep. Henry…
By Seun Ibiyemi The Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan has said that all Deposit Money Banks (DMBs) in Nigeria, including Polaris Bank are safe and sound. Hassan made the clarification on the sideline of a three-day…
The management of Polaris Bank has discredited an online report in the purported sale of the bank by the Central Bank of Nigeria (CBN) to private individual for N40 billion. The management of the bank debunked the sale in a…
The management of Polaris Bank has discredited an online report in the purported sale of the bank by the Central Bank of Nigeria (CBN) to private individual for N40 billion. The management ofnthe bank debunked the sale in a statement…
The Lagos State Employment Trust Fund (LSETF), in collaboration with Polaris Bank has unveiled a N1 billion fund for artisans operating in the state. The Executive Director, Lagos Business, Polaris Bank, Mr Segun Opeke, during a joint media launch of…
Polaris Bank has commenced a nationwide business forum to sensitise exporters on inherent benefits of Central Bank of Nigeria’s (CBN) RT200 non-oil export proceeds repatriation rebate scheme to realise Nigeria’s quest to earn the needed foreign exchange; diversify its economy…
Polaris Bank in partnership with CIG Motors has introduced ‘Easy Buy,’ an affordable vehicle finance scheme meant to make vehicle acquisition and ownership easier for its teeming customers, prospects and fleet buyers in the country. The Bank and the auto…
