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Meet CBN-appointed new CEOs for Keystone, Polaris, Union banks

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The Central Bank of Nigeria (CBN) on Wednesday night appointed new leaders for three banks following the dissolution of their boards and managements. Acting spokesperson...

Why CBN sacked boards of Union, Keystone, Polaris banks

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The Central Bank of Nigeria (CBN) has sacked the boards and management teams of three banks namely Union Bank, Keystone Bank, and Polaris Bank. Acting...

Court restrains Swift Networks from accessing N7bn in Union Bank, Polaris,...

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A Federal High Court in Lagos has restrained Swift Networks Limited from accessing its funds up to N7,037,410,548.23 in 25 banks pending the determination...

Ex-Skye Bank chairman Tunde Ayeni in paternity scandal with former lover

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Former chairman of the board of directors of the defunct Skye Bank (now Polaris Bank) Tunde Ayeni has debunked a report that he reunited...

Polaris Bank sold to best bidder – CBN

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The Bank of Nigeria (CBN) has debunked a recent report in an online news medium that claimed that embattled Polaris Bank was sold to...

Appeal Court halts Polaris Bank, AMCON sale of Lagos hotel

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A Court of Appeal sitting in Lagos has stopped the sale of Intercontinental Hotels, Lagos by Polaris Bank and Asset Management Corporation of Nigeria...

Babangida’s son-in-law Auwal Lawal is new owner of Polaris Bank –...

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Auwal Lawal, the son-in-law of the former military head of state General Ibrahim Babangida (retd), is reportedly the new owner of Polaris Bank. Strategic Capital...

CBN, AMCON sell Polaris Bank to new investor

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The Central Bank of Nigeria (CBN) and the Asset Management Corporation of Nigeria (AMCON) on Thursday announced that Strategic Capital Investment Limited (SCIL) has...

Polaris Bank executive asks Muslim staff to shelve Friday prayer

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Polaris Bank has come under criticism on social media after one of its executives asked Muslim staff members in her unit not to perform...

Reps direct CBN to suspend sale of Polaris Bank

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The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc with immediate effect. The resolution...