Polaris Bank

The sacked governor of the Central Bank of Nigeria (CBN), Godwin Emefiele allegedly used proxies and purchased Union Bank of Nigeria (UBN), a report by Jim Obazee, the special investigator appointed by President Bola has shown. The late…
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The National Union of Banks, Insurance, and Financial Institutions  (NUBIFIE) on Tuesday picketed the headquarters of Polaris Bank, Victoria Island, over alleged violation of workers’ rights. The  Secretary-General,  Mr Mohammed Sheikh,…
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Polaris Bank has appointed a new independent Board of Directors to lead the bank’s growth strategy. Alhaji Muhammad Ahmad, Chairman Polaris Board, said in a statement in Lagos. The statement said that the board would have six…
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...As Reps Back Acquisition By SCIL Central Bank of Nigeria (CBN) and Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in…
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The House of Representatives has directed the Central Bank of Nigeria (CBN)  to immediately suspend the sale of Polaris Bank Plc. The House said the suspension should be until the CBN deposit Insurance Corporation and the Asset Management…
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“All banks that are operating within the country are sound in as much as their licences have not been revoked. “If there is a problem, the regulator that issues the licence will be the one to revoke the licence. “In as much as the licence…
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Gov. AbdulRahman AbdulRasaq of Kwara, on Friday, approved the appointment of Ahaji Kawu Mohammed-Kudu, as the new Emir of Lafiagi, headquarters of Edu Local Government Area of the state. Solacebase reports that Mohammed-Kudu was, until…
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The Managing Director of Polaris Bank,  Mr Innocent Ike, has said that the bank has refunded the $300 million lodged with the bank by the Nigerian National Petroleum Corporation (NNPC) in 2012. Ike said this while appearing before the…
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The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, have announced the appointment of Mr Innocent Ike, as the Acting Managing Director/CEO of Polaris Bank Limited, effective Sept.…
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