Polaris Bank’s CEO, Adekunle Sonola, has urged the Nigerian government to prioritize legal policy and reforms for sustained economic growth. Sonola made the call in a...
On May 12, 2023, Anthony Olasele was five hours away from Nigeria, earning a living and minding his business in faraway Spain when he learnt that...
Justice Adegboyega Adebusoye of the Federal High Court, Akure, on Friday ordered the Central Bank of Nigeria (CBN) to freeze the account of Polaris Bank over...
The Central Bank of Nigeria (CBN) has denied any wrongdoing in the sale of Polaris Bank. This follows claims by an online publication (not Ripples Nigeria)...
The new owners of Polaris Bank Limited, Strategic Capital Investment Limited (SCIL), on Friday announced a new management team for the lender. SCIL completed the acquisition...
On Thursday, the Central Bank of Nigeria (CBN) disclosed that Polaris Bank had been sold to Strategic Capital Investment Ltd. (SCIL) after being under government’s control...
The Central bank of Nigeria (CBN) has explained the reason there’s a N1.15 trillion difference in the initial amount paid by Strategic Capital Investment Limited (SCIL)...
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) on Thursday confirmed the sales of Polaris Bank. This followed the completion...
The chairman of the House of Representatives’ ad-hoc committee investigating the sale of Polaris Bank, Henry Nwabuba, revealed on Wednesday, that 35 companies offered bids to...
The Central Bank of Nigeria (CBN) has been ordered by the House of Representatives to immediately halt the sale of Polaris Bank Plc. The House ruled,...
The Nigeria Deposit Insurance Corporation (NDIC) has stated that Polaris Bank remains unsold, days after a report that Auwal Lawan Abdullahi, an investor in farm business,...
The management of Polaris Bank on Friday dismissed a report that the bank was about to be sold to a private investor by the Central Bank...
Polaris Bank has warned that customers who intend to apply for foreign exchange with travel plans must have return ticket. The lender also excluded some countries...
A hacker, Eric Nnamdi Obulo has been convicted and sentenced to jail by a Federal High Court sitting in Port Harcourt, Rivers State and presided over...
Polaris Bank Limited has reported a Profit Before Tax of N27.8 billion for the financial year ended 31st December 2019. According to a statement released by the...
The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a staff of Polaris Bank, Babatunde Keshinro, at the Special Offences Court, Ikeja, for allegedly stealing...
Former Chairman, Board of Directors of Skye Bank Plc (now Polaris Bank), Tunde Ayeni, and the former Managing Director, Timothy Oguntayo, have been re-arraigned by the...
The Economic and Financial Crimes Commission, EFCC, has said Mr. Tunde Ayeni allegedly took over N17 billion in raw cash from the Suspense Account of Skye...
The Asset Management Corporation of Nigeria (AMCON) has begun a search for new investors to take over Polaris Bank. The corporation, which is already taking stock...
The latest bridged financial institution in Nigeria, Polaris Bank Limited, is ready for sale but the entire process would be on hold for now pending the...
The Asset Management Corporation of Nigeria (AMCON) has said it wants a quick sale of Polaris Bank, the bridge bank appointed to take over all the...
It was on Friday evening and I was just making plans on how best I could maximise the weekend when the news broke that the Central...
The Economic and Financial Crime Commission (EFCC) has commenced investigation of directors of the defunct Skye Bank with a view to prosecute them. This is according...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has cleared the air on why it changed the defunct Skye Bank’s name to Polaris Bank,...
Transactions went on smoothly at the branches of Polaris Bank, formerly Skye Bank Plc yesterday – the first business day after the Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) has revoked the operating license of Skye Bank. The CBN Governor, Godwin Emefiele, and the Managing Director of the Nigeria...
